(a) To be eligible for group marketing, a group must:
- (1) have existed for at least six months before the date the group automobile insurance is purchased; and
- (2) be organized for a purpose other than to become an insurance group under this chapter.
- (b) The group may include any group that is actuarially credible for underwriting purposes.
Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 2, eff. April 1, 2007.