Texas Insurance Code

§ 846.153 — REQUIRED FILINGS

IN § 846.153Title 6. ORGANIZATION OF INSURERS AND RELATED ENTITIES · Part C. LIFE, HEALTH, AND ACCIDENT INSURERS AND RELATED ENTITIES · Ch. 846. MULTIPLE EMPLOYER WELFARE ARRANGEMENTS · Art. D. POWERS AND DUTIES OF MULTIPLE EMPLOYER WELFARE ARRANGEMENTS

Statute text

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(a)A multiple employer welfare arrangement engaging in business in this state shall file the following with the commissioner on forms approved by the commissioner:

(1)a financial statement audited by a certified public accountant;

(2)an actuarial opinion prepared and certified by an actuary who is:

(A)not an employee of the arrangement; and

(B)a fellow of the Society of Actuaries, a member of the American Academy of Actuaries, or an enrolled actuary under the Employee Retirement Income Security Act of 1974 (29 U.S.C. Section 1001 et seq.); and

(3)any modified terms of a plan document together with a certification from the trustees that the changes are in compliance with the minimum requirements of this chapter.

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Legislative history

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