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Texas Insurance Code - INS § 2201.001. Purpose of Chapter

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

The purpose of this chapter is to:

(1) regulate the formation and operation of risk retention groups and purchasing groups in this state formed under:

(A) the Product Liability Risk Retention Act of 1981 (15 U.S.C. Section 3901 et seq.); or

(B) the Liability Risk Retention Act of 1986 (15 U.S.C. Section 3901 et seq.); and

(2) protect the public by the appropriate regulation of groups described by Subdivision (1) to the extent permitted by law.

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Cite this article: FindLaw.com - Texas Insurance Code - INS § 2201.001. Purpose of Chapter - last updated January 01, 2024 | https://codes.findlaw.com/tx/insurance-code/ins-sect-2201-001/

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