Texas § IN.2201.103 - PLAN OF OPERATION
Full text of Texas The Texas Constitution § IN.2201.103 — PLAN OF OPERATION, with citation guidance and answers to common questions.
§ IN.2201.103. PLAN OF OPERATION
PLAN OF OPERATION; REVISIONS. (a) Except as provided by Subsection (b), before a risk retention group chartered in this state may offer insurance in any state, the group must submit to the commissioner for approval a plan of operation as described by Section 2201.202 . (b) A risk retention group is not required to submit a plan of operation under this section with respect to any kind or classification of liability insurance that: (1) was defined in the Product Liability Risk Retention Act of 1981 (15 U.S.C. Section 3901 et seq.), as that Act existed before October 27, 1986; and (2) was offered before October 27, 1986, by any risk retention group that had been chartered and operating for at least three years before that date. (c) The risk retention group must submit a revision of the group's plan of operation to the commissioner and the commissioner must approve the revision before the group: (1) offers an additional line of insurance in this state or in any other state; or (2) effects a change in the group's operations as described in the plan of operation. Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017 ), Sec. 2, eff. April 1, 2007.
Frequently Asked Questions About Texas § IN.2201.103
What does The Texas Constitution § IN.2201.103 cover?
Section IN.2201.103 ("PLAN 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.2201.103?
A common citation format is "The Texas Constitution § IN.2201.103" (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.2201.103 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.