Sec. 1501.313.  RESCISSION OF APPROVAL TO OPERATE AS RISK-ASSUMING HEALTH BENEFIT PLAN ISSUER.  The commissioner, after notice and hearing, may rescind approval to operate as a risk-assuming health benefit plan issuer if the commissioner finds that the issuer:
(1)  is not financially able to support the assumption of risk from issuing coverage to small employers without the protection provided by the system;
(2)  has failed to market fairly to all small employers in the state or in the issuer's established geographic service area;  or
(3)  has failed to provide coverage to eligible small employers.
Added by Acts 2003, 78th Leg., ch. 1274, Sec. 3, eff. April 1, 2005.