Texas § IN.1683.007 - ACTUARIAL SOUNDNESS
Full text of Texas The Texas Constitution § IN.1683.007 — ACTUARIAL SOUNDNESS, with citation guidance and answers to common questions.
§ IN.1683.007. ACTUARIAL SOUNDNESS
ACTUARIAL SOUNDNESS. (a) A postsecondary educational institution that offers higher education health benefits under this chapter shall administer the benefits in a manner that is actuarially sound. (b) The postsecondary educational institution shall ensure the higher education health benefits offered by the postsecondary educational institution are actuarially sound by: (1) obtaining an actuarial opinion from an actuary who is a fellow of the Society of Actuaries or a member of the American Academy of Actuaries that recommends the amount of cash reserves and the level of specific and aggregate stop-loss insurance the postsecondary educational institution should maintain for purposes of administering the benefits; and (2) maintaining the levels of cash reserves and stop-loss insurance recommended by the actuarial opinion obtained under Subdivision (1). Added by Acts 2025, 89th Leg., R.S., Ch. 16 (S.B. 1409 ), Sec. 2, eff. May 13, 2025.
Frequently Asked Questions About Texas § IN.1683.007
What does The Texas Constitution § IN.1683.007 cover?
Section IN.1683.007 ("ACTUARIAL SOUNDNESS") is part of the The Texas Constitution, the codified statutory law of Texas. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Texas § IN.1683.007?
A common citation format is "The Texas Constitution § IN.1683.007" (Texas). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Texas law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Texas official source linked on this page or consult a licensed Texas attorney.
How does Texas § IN.1683.007 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Texas can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Texas.