Sec. 964.103.  SUBSCRIBER REQUIREMENTS.  On and after the date of the captive exchange's formation, each subscriber of the captive exchange must:
(1)  have an existing affiliation with each other subscriber; or
(2)  satisfy the definition of a controlled unaffiliated business regardless of any affiliation relationship created by the captive exchange.
Added by Acts 2017, 85th Leg., R.S., Ch. 1050 (H.B. 1944), Sec. 2.01, eff. June 15, 2017.