Sec. 2204.052. OPERATION OF EXCHANGE. The exchange shall operate under: (1) a constitution and bylaws adopted by the exchange and approved by the department; and (2) rules adopted by the commissioner under Section 2204.003. Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 2, eff. April 1, 2007.