Tex. Ins. Code § 846.055

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 846.055 - Extension of Term of Initial Certificate of Authority

The commissioner may extend the term of an initial certificate of authority for a period not to exceed one year if the commissioner determines that the multiple employer welfare arrangement is likely to meet the requirements of this chapter for a final certificate of authority within that period. The commissioner may not grant more than one extension of the initial certificate of authority regardless of the length of time for which an extension was granted.

Tex. Ins. Code § 846.055

Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. 6/1/2003.