Texas § IN.846.153 - REQUIRED FILINGS
Full text of Texas The Texas Constitution § IN.846.153 — REQUIRED FILINGS, with citation guidance and answers to common questions.
§ IN.846.153. REQUIRED FILINGS
REQUIRED FILINGS. (a) A multiple employer welfare arrangement engaging in business in this state shall file the following with the commissioner on forms approved by the commissioner: (1) a financial statement audited by a certified public accountant; (2) an actuarial opinion prepared and certified by an actuary who is: (A) not an employee of the arrangement; and (B) a fellow of the Society of Actuaries, a member of the American Academy of Actuaries, or an enrolled actuary under the Employee Retirement Income Security Act of 1974 (29 U.S.C. Section 1001 et seq.); and (3) any modified terms of a plan document together with a certification from the trustees that the changes are in compliance with the minimum requirements of this chapter. (b) A multiple employer welfare arrangement shall file the financial statement and the actuarial opinion required by Subsection (a) within 90 days of the end of the fiscal year. (c) The actuarial opinion required under Subsection (a) must include: (1) a description of the actuarial soundness of the multiple employer welfare arrangement, including any actions recommended to improve the actuarial soundness of the arrangement; (2) the amount of cash reserves recommended to be maintained by the arrangement; and (3) the level of specific and aggregate stop-loss insurance recommended to be maintained by the arrangement. Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.
Frequently Asked Questions About Texas § IN.846.153
What does The Texas Constitution § IN.846.153 cover?
Section IN.846.153 ("REQUIRED FILINGS") 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.846.153?
A common citation format is "The Texas Constitution § IN.846.153" (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.846.153 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.