Tex. Ins. Code § 2171.002

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.

Section 2171.002 - Authorization for Issuance

An insurer may write commercial group property insurance for:

(1) a group of businesses that constitutes a large risk if the members of the group have clearly identifiable underwriting characteristics; or

(2) an association that constitutes a large risk if the members of the association are engaged in similar undertakings.

Tex. Ins. Code § 2171.002

Added by Acts 2005, 79th Leg., Ch. 727, Sec. 2, eff. 4/1/2007.