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Texas Insurance Code - INS § 2055.004. Plan of Operation

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

(a) A group shall:

(1) adopt a plan of operation;  and

(2) file a copy of the plan of operation with the department.

(b) The plan of operation must include:

(1) provisions governing the composition and selection of a governing board;

(2) the methods for administering the group;  and

(3) guidelines governing the workers' compensation insurance coverage obtained by the group that include provisions governing:

(A) the payment of premiums;

(B) the distribution of discounts;  and

(C) the methods for providing risk management.

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Cite this article: FindLaw.com - Texas Insurance Code - INS § 2055.004. Plan of Operation - last updated January 01, 2024 | https://codes.findlaw.com/tx/insurance-code/ins-sect-2055-004/

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