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Current as of January 01, 2024 | Updated by Findlaw Staff
(a) During the period a certificate of authority of a health care collaborative is suspended, the health care collaborative may not:
(1) enter into a new contract with a governmental or private entity; or
(2) advertise or solicit in any way.
(b) After a certificate of authority of a health care collaborative is revoked, the health care collaborative:
(1) shall proceed, immediately following the effective date of the order of revocation, to conclude its affairs;
(2) may not conduct further business except as essential to the orderly conclusion of its affairs; and
(3) may not advertise or solicit in any way.
(c) Notwithstanding Subsection (b), the commissioner may, by written order, permit the further operation of the health care collaborative to the extent that the commissioner finds necessary to serve the best interest of governmental or private entities that have entered into contracts with the health care collaborative.
Cite this article: FindLaw.com - Texas Insurance Code - INS § 848.202. Operations During Suspension or After Revocation of Certificate of Authority - last updated January 01, 2024 | https://codes.findlaw.com/tx/insurance-code/ins-sect-848-202/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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