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Texas Insurance Code - INS § 1508.261. Stop-Loss Insurance;  Reinsurance

Current as of January 01, 2024 | Updated by Findlaw Staff

(a) The administrator of the fund, on behalf of and with the prior approval of the commissioner, may purchase stop-loss insurance or reinsurance from an insurance company licensed to write that coverage in this state.

(b) Stop-loss insurance or reinsurance may be purchased to the extent that the commissioner determines funds are available for the purchase of that insurance.

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Cite this article: FindLaw.com - Texas Insurance Code - INS § 1508.261. Stop-Loss Insurance;  Reinsurance - last updated January 01, 2024 | https://codes.findlaw.com/tx/insurance-code/ins-sect-1508-261/

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