Texas Insurance Code

§ 846.052 — APPLICATION FOR INITIAL CERTIFICATE OF AUTHORITY

IN § 846.052Title 6. ORGANIZATION OF INSURERS AND RELATED ENTITIES · Part C. LIFE, HEALTH, AND ACCIDENT INSURERS AND RELATED ENTITIES · Ch. 846. MULTIPLE EMPLOYER WELFARE ARRANGEMENTS · Art. B. FORMATION AND STRUCTURE OF MULTIPLE EMPLOYER WELFARE ARRANGEMENTS

Statute text

View on source

(a)A person who wants to establish an employee welfare benefit plan that is a multiple employer welfare arrangement must apply for an initial certificate of authority on an application form prescribed by the commissioner.

(b)The application form must be completed and submitted along with all information required by the commissioner, including:

(1)a copy of each organizational document;

(2)current financial statements of the arrangement;

(3)a fully detailed statement indicating the plan under which the arrangement proposes to transact business;

(4)an initial actuarial opinion in compliance with the requirements of Section 846.153(a)(2) and subject to Section 846.157(b); and

…

Legislative history

Acts 2023, 88th Leg., R.S., Ch. 117 (H.B. 290), Sec. 2, eff. September 1, 2023.