Texas § IN.1501.3021 - AUTHORIZATION OF OPERATION
Full text of Texas The Texas Constitution § IN.1501.3021 — AUTHORIZATION OF OPERATION, with citation guidance and answers to common questions.
§ IN.1501.3021. AUTHORIZATION OF OPERATION
AUTHORIZATION OF OPERATION. (a) The commissioner shall hold a hearing if: (1) the commissioner believes small employer health benefit plan issuers in this state are threatened with the inability to secure reinsurance coverage in the open market; or (2) the commissioner receives a petition requesting the hearing from an association of health benefit plan issuers in this state or a group of at least 15 small employer health benefit plan issuers operating in this state. (b) If, after a hearing under Subsection (a), the commissioner finds that the operation of the system is in the public interest, the commissioner by order shall: (1) authorize the operation of the system; (2) appoint a board of directors under Section 1501.303 ; and (3) direct the board to develop a plan of operation under Section 1501.306 to ensure the system is fully implemented on a date specified in the order that is not later than the 60th day after the effective date of the order. (c) Sections 1501.307-1501.326 apply to the operation of the system after the date the system is implemented as described by Subsection (b)(3). Added by Acts 2017, 85th Leg., R.S., Ch. 105 (S.B. 1171 ), Sec. 2, eff. May 23, 2017.
Source: official Texas text · Last verified 2026-08-27
Frequently Asked Questions About Texas § IN.1501.3021
What does The Texas Constitution § IN.1501.3021 cover?
Section IN.1501.3021 ("AUTHORIZATION OF OPERATION") 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.1501.3021?
A common citation format is "The Texas Constitution § IN.1501.3021" (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.1501.3021 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.