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Texas Insurance Code

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

IN § 848.202Title 6. ORGANIZATION OF INSURERS AND RELATED ENTITIES · Part C. LIFE, HEALTH, AND ACCIDENT INSURERS AND RELATED ENTITIES · Ch. 848. HEALTH CARE COLLABORATIVES · Art. E. ENFORCEMENT

Statute text

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(a)During the period a certificate of authority of a health care collaborative is suspended, the health care collaborative may not:
(1)enter into a new contract with a governmental or private entity; or
(2)advertise or solicit in any way.
(b)After a certificate of authority of a health care collaborative is revoked, the health care collaborative:
(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 2011, 82nd Leg., 1st C.S., Ch. 7 (S.B. 7), Sec. 4.01, eff. September 28, 2011.