Except as provided by Section 2054.602, the company may not have:

1. (1) an affiliate, spin-off, or subsidiary that writes a line of insurance other than workers' compensation insurance; or
2. (2) interlocking boards of directors with an insurer that writes a line of insurance other than workers' compensation insurance.

Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 2, eff. April 1, 2007.

Acts 2021, 87th Leg., R.S., Ch. 1019 (H.B. 3752), Sec. 1, eff. September 1, 2021.