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214 chapters · 6,998 sections in this title.
Tex. Occupations Code § 2307.001 Definitions
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Sec. 2307.001. DEFINITIONS. In this chapter: (1) "Arm's length transaction" means the standard of conduct under which two parties having substantially equal bargaining power, each acting in its own interest, would negotiate or carry out a particular transaction. (2) "Claims cente…
Tex. Occupations Code § 2307.002 Insurer Interests
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Sec. 2307.002. INSURER INTERESTS. (a) Except as provided by this section, an insurer may not own or acquire an interest in a repair facility. (b) An insurer that owns an interest in a tied repair facility that was open for business, or on which construction had commenced, on Apri…
Tex. Occupations Code § 2307.003 Favored Facility Agreement Presumed
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Sec. 2307.003. FAVORED FACILITY AGREEMENT PRESUMED. An insurer is presumed to have a favored facility agreement with a repair facility in which it owns an interest. Added by Acts 2003, 78th Leg., ch. 1045, Sec. 1, eff. Sept. 1, 2003. Renumbered from Occupations Code, Section 2306…
Tex. Occupations Code § 2307.004 Contractual Conditions
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Sec. 2307.004. CONTRACTUAL CONDITIONS. (a) An insurer that owns an interest in a repair facility may use only one favored facility agreement. (b) Except as otherwise provided by this subsection, the terms under which the insurer enters into a favored facility agreement must be id…