Tex. Ins. Code Section 961.207
Participation Agreements


A nonprofit legal services corporation may:

(1)

contract with another nonprofit legal services corporation or an insurer authorized to engage in business in this state for joint participation through:

(A)

a mutualization contract agreement; or

(B)

a guaranty treaty; and

(2)

cede or accept a legal services obligation from such a corporation or insurer on all or part of a legal services obligation.
Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.
Amended by:
Acts 2019, 86th Leg., R.S., Ch. 643 (S.B. 1623), Sec. 11, eff. September 1, 2019.

Source: Section 961.207 — Participation Agreements, https://statutes.­capitol.­texas.­gov/Docs/IN/htm/IN.­961.­htm#961.­207 (accessed Jun. 5, 2024).

Accessed:
Jun. 5, 2024

§ 961.207’s source at texas​.gov