{"statuteBody":"

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Sec.\u00A0846.002.\u00A0\u00A0APPLICABILITY OF CHAPTER. (a) In this section, \"fully insured multiple employer welfare arrangement\" means an arrangement that provides to its participating employees and beneficiaries benefits for which 100 percent of the liability has been assumed by an insurance company authorized to do business in this state.

(b)\u00A0\u00A0This chapter applies only to a multiple employer welfare arrangement that meets either or both of the following criteria:

(1)\u00A0\u00A0one or more of the employer members in the arrangement:

(A)\u00A0\u00A0is domiciled in this state; or

(B)\u00A0\u00A0has its principal headquarters or principal administrative office in this state; or

(2)\u00A0\u00A0the arrangement solicits an employer that:

(A)\u00A0\u00A0is domiciled in this state; or

(B)\u00A0\u00A0has its principal headquarters or principal administrative office in this state.

(c)\u00A0\u00A0This chapter does not apply to a fully insured multiple employer welfare arrangement during the period in which the arrangement is fully insured. The commissioner periodically may require proof that the arrangement is fully insured.

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Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.

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