Section 706.003 - Eligible Policyholders(a) An insurer may issue coverage authorized under Section 706.002 to: (2) a group, business, employer, association, trustee, or other entity for the benefit of its members, customers, employees, members, or beneficiaries.(b) An entity described by Subsection (a)(2) may be a group that:(1) is formed solely for the purpose of obtaining insurance coverage under this chapter; or(2) has already been formed for a purpose other than for obtaining insurance coverage under this chapter and that is described by Subsection (a)(2).Added by Acts 2005, 79th Leg., Ch. 102, Sec. 3, eff. 9/1/2005.