Texas Insurance Code

§ 844.053 — PROVISIONAL CERTIFICATE OF AUTHORITY

IN § 844.053Title 6. ORGANIZATION OF INSURERS AND RELATED ENTITIES · Part C. LIFE, HEALTH, AND ACCIDENT INSURERS AND RELATED ENTITIES · Ch. 844. CERTIFICATION OF CERTAIN NONPROFIT HEALTH CORPORATIONS · Art. B. AUTHORITY TO ENGAGE IN BUSINESS

Statute text

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The commissioner shall grant a provisional certificate of authority to an applicant if:

(1)the applicant has applied for accreditation from an accrediting organization described by Section 844.052(b)(2);

(2)the applicant is diligently pursuing accreditation;

(3)the accrediting organization has not denied the application for accreditation; and

(4)the applicant satisfies each other requirement of this chapter.

Legislative history

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