Texas Administrative Code
Title 16 - ECONOMIC REGULATION
Part 4 - TEXAS DEPARTMENT OF LICENSING AND REGULATION
Chapter 77 - SERVICE CONTRACT PROVIDERS AND ADMINISTRATORS
Section 77.41 - Financial Security-Reimbursement Insurance Policy
Current through Reg. 49, No. 12; March 22, 2024
(a) A provider that uses a reimbursement insurance policy to comply with the financial security requirements of Texas Occupations Code § RSA 1304.151 and § RSA 1304.152, will not be allowed to obtain or renew a registration unless the insurer issuing the policy has provided all of the information and met all of the requirements set forth in Texas Occupations Code § RSA 1304.152<subdiv>(a-1)</subdiv>.
(b) A reimbursement insurance policy that is used to comply with the financial security requirements of Texas Occupations Code § RSA 1304.151 and § RSA 1304.152 must include:
(c) A provider of a residential service contract may use a reimbursement insurance policy as described in Texas Occupations Code § 1304.157(c).