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Texas Insurance Code

§ 843.462 — OPERATIONS DURING SUSPENSION OR AFTER REVOCATION OF CERTIFICATE OF AUTHORITY

IN § 843.462Title 6. ORGANIZATION OF INSURERS AND RELATED ENTITIES · Part C. LIFE, HEALTH, AND ACCIDENT INSURERS AND RELATED ENTITIES · Ch. 843. HEALTH MAINTENANCE ORGANIZATIONS · Art. N. ENFORCEMENT

Statute text

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(a)During the period a certificate of authority of a health maintenance organization is suspended, the health maintenance organization may not:
(1)enroll additional enrollees except newborn children or other newly acquired dependents of existing enrollees; or
(2)advertise or solicit in any way.
(b)After a certificate of authority of a health maintenance organization is revoked, the health maintenance organization:
(1)shall proceed, immediately following the effective date of the order of revocation, to conclude its affairs;
(2)may not conduct further business except as essential to the orderly conclusion of its affairs; and

Legislative history

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