This is a clone of the Texas Administrative Code (TAC) for educational purposes. It is not the official version and should not be used for legal purposes. Site created Wed, 21 May 2025 21:16:49 GMT

TITLE 28 - INSURANCE
PART 1 - TEXAS DEPARTMENT OF INSURANCE
CHAPTER 19 - LICENSING AND REGULATION OF INSURANCE PROFESSIONALS
SUBCHAPTER Q - DISCOUNT HEALTH CARE PROGRAM REGISTRATION AND RENEWAL REQUIREMENTS
SECTION/RULE §19.1603 - Financial Responsibility Requirement
Chapter Review Date 06/08/2021

(a) As required by the Insurance Code §562.103(f)(1), a discount health care program operator, as a condition of being registered and continuing such registration, shall maintain a surety bond payable to the department, for the use and benefit of members, in the principal amount of $50,000, except that a discount health care program operator that is an insurer that holds a certificate of authority under