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Current as of January 01, 2024 | Updated by Findlaw Staff
(a) An administrator or service company under this chapter that performs the acts of an administrator as defined in Chapter 4151, Insurance Code, must hold a certificate of authority under that chapter.
(b) An entity is required to hold only one certificate of authority under Chapter 4151, Insurance Code, if:
(1) the entity acts as an administrator and a service company as defined in this chapter; and
(2) performs the acts of an administrator as that term is defined in Chapter 4151, Insurance Code.
(c) Exemptions in Chapter 4151, Insurance Code, as provided in Sections 4151.002(18), (19), and (20), apply to an administrator or service company under this section.
Cite this article: FindLaw.com - Texas Labor Code - LAB § 407A.009. Certificate of Authority Required for Certain Administrators and Service Companies - last updated January 01, 2024 | https://codes.findlaw.com/tx/labor-code/lab-sect-407a-009/
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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