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.