Texas Insurance Code 843.071 – Certificate of Authority Required; Use of “Health Maintenance Organization” or “Hmo”
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(a) A person may not organize or operate a health maintenance organization in this state, or sell or offer to sell or solicit offers to purchase or receive advance or periodic consideration in conjunction with a health maintenance organization, without obtaining a certificate of authority under this chapter.
(b) A person may not use “health maintenance organization” or “HMO” in the course of operation unless the person:
(1) complies with this chapter and:
(A) § 1367.053;
(B) Subchapter A, Chapter 1452;
(C) Subchapter B, Chapter 1507;
(D) Chapters 222, 251, and 258, as applicable to a health maintenance organization; and
(E) Chapters 1271 and 1272; and
(2) holds a certificate of authority under this chapter.
Terms Used In Texas Insurance Code 843.071
- Person: includes corporation, organization, government or governmental subdivision or agency, business trust, estate, trust, partnership, association, and any other legal entity. See Texas Government Code 311.005