The following two kinds of groups are subject to this subchapter:
  (1) a group doing business in Texas as a risk retention group or purchasing group, which actually has the status of a risk retention group or purchasing group; and
  (2) a group doing business in Texas as a risk retention group or purchasing group, but not actually having the status of a risk retention group or purchasing group because the group has not completed the registration process or does not conform to other statutory criteria.

Source Note: The provisions of this §13.303 adopted to be effective March 8, 1991, 16 TexReg 1290.