SECTION 7.1406. Service of Process on Foreign Risk Retention Groups Registered with the State Board of Insurance

A foreign risk retention group registered in this state under the Insurance Code, Article 21.54, must designate the commissioner as its agent for service of process and receipt of legal documents. Procedures and fees for service of process on a risk retention group are governed by §7.1404 of this title (relating to Service of Process Procedure for Domestic Insurers Approved To Operate under the Insurance Code, Article 1.28, Foreign and Alien Insurance Companies, Risk Retention Groups, Purchasing Groups, Third Party Administrators, Unauthorized Persons or Insurers, Organizations Formed under the Insurance Code, Article 3.71, and Surplus Lines Insurers).

Source Note: The provisions of this §7.1406 adopted to be effective August 11, 1989, 14 TexReg 3690.