Sec. 842.301. REVOCATION OF CERTIFICATE OF AUTHORITY. The commissioner shall revoke the certificate of authority of a group hospital service corporation that:
(1) is determined to be:
(A) operating fraudulently; or
(B) improperly contesting claims; or
(2) fails to pay valid claims in accordance with this chapter.
Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.