Sec. 2207.301. GENERAL POWERS AND DUTIES OF POOL

Latest version.

(a) A pool shall:
(1) issue excess liability insurance coverage to each county, school district, or junior college district entitled to coverage under this chapter;
(2) collect premiums for coverage issued or renewed by the pool;
(3) process and pay valid claims; and
(4) maintain detailed data regarding the pool.
(b) The pool may:
(1) enter into contracts;
(2) purchase reinsurance;
(3) cancel or refuse to renew coverage; and
(4) perform any other act necessary to implement this chapter, the plan of operation, or a rule adopted by the board.

Added by Acts 2005, 79th Leg., Ch. 727 , Sec. 2, eff. April 1, 2007.

                    
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