Texas § IN.2201.102 - CHARTER APPLICATION

Full text of Texas The Texas Constitution § IN.2201.102 — CHARTER APPLICATION, with citation guidance and answers to common questions.

§ IN.2201.102. CHARTER APPLICATION

CHARTER APPLICATION. (a) A risk retention group that applies to be chartered in this state shall provide to the commissioner with the application for charter the following in accordance with rules adopted by the commissioner: (1) the group's name; (2) the identity of the group's initial members; (3) the identity of the individuals who organized the group or who will provide administrative services or otherwise influence or control the group's activities; (4) the amount and nature of initial capitalization; (5) the coverages to be afforded; and (6) the states in which the group intends to operate. (b) Immediately on receipt of an application for charter, the commissioner shall provide summary information concerning the filing, including the information provided under Subsection (a), to the National Association of Insurance Commissioners. Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017 ), Sec. 2, eff. April 1, 2007.

Frequently Asked Questions About Texas § IN.2201.102

What does The Texas Constitution § IN.2201.102 cover?

Section IN.2201.102 ("CHARTER APPLICATION") 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.2201.102?

A common citation format is "The Texas Constitution § IN.2201.102" (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.2201.102 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.