Tex. Ins. Code § 1601.151

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

Section 1601.151 - Authority to Self-Insure; Exemption From Other Insurance Laws

(a) Notwithstanding any other provisions of this chapter, the governing board of a system may:

(1) self-insure a plan provided under this chapter; and

(2) hire a carrier to administer the system's uniform program.

(b) A plan for which a system provides coverage on a self-insured basis is exempt from any other insurance law of this state that does not expressly apply to that plan or this chapter.

(c) Expenses for the administration of a self-insured plan may come from the contributions of employees and the state after payments for any coverage provided under this chapter have been made.

Tex. Ins. Code § 1601.151

Added by Acts 2001, 77th Leg., ch. 1419, Sec. 3, eff. 6/1/2003.