Texas § IN.1682.001 - DEFINITIONS

§ IN.1682.001. DEFINITIONS

DEFINITIONS. In this chapter: (1) "Nonprofit agricultural organization" means an organization that: (A) is exempt from taxation under Section 501(a), Internal Revenue Code of 1986, as an organization described by Section 501(c)(5) of that code; (B) is domiciled in this state; (C) was in existence prior to 1940; (D) is composed of members who are residents of at least 98 percent of the counties in this state; (E) collects annual dues from its members; and (F) was created to promote and develop the most profitable and desirable system of agriculture and the most wholesome and satisfactory conditions of rural life in accordance with its articles of organization and bylaws. (2) "Nonprofit agricultural organization health benefits" means health benefits: (A) sponsored by a nonprofit agricultural organization or an affiliate of the organization; (B) offered only to: (i) members of the nonprofit agricultural organization; and (ii) family members of members of the nonprofit agricultural organization; (C) that are not provided through an insurance policy or other product the offering or issuance of which is regulated as the business of insurance in this state; and (D) that are deemed by the nonprofit agricultural organization to be important in assisting its members to live long and productive lives. (3) "Preexisting condition" means a condition present before the effective date of an individual's enrollment in nonprofit agricultural organization health benefits. Added by Acts 2021, 87th Leg., R.S., Ch. 1034 (H.B. 3924 ), Sec. 3, eff. September 1, 2021.