PROHIBITED ACTIVITIES.
Tex. INS Code § 2201.207.
in effectA risk retention group may not:
(1) solicit or sell insurance to any person who is not eligible for membership in the group;
(2) solicit or sell insurance or operate if the group is in a hazardous financial condition or is financially impaired; or
(3) engage in business in this state if an insurer is directly or indirectly a member or owner of the group, unless all of the group members are insurers.
Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017 ), Sec. 2, eff. April 1, 2007.