Texas Statutes (Last Updated: January 4, 2014) |
INSURANCE CODE |
Title 10. PROPERTY AND CASUALTY INSURANCE |
Subtitle G. POOLS, GROUPS, PLANS, AND SELF-INSURANCE |
Chapter 2209. TEXAS NONPROFIT ORGANIZATIONS LIABILITY POOL |
Subchapter D. BOARD OF TRUSTEES |
Sec. 2209.156. GENERAL POWERS AND DUTIES OF BOARD
Latest version.
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(a) In addition to other duties provided by the plan of operation, the board shall:
(1) approve contracts other than insurance contracts issued by the pool to nonprofit organizations;
(2) adopt premium rate schedules and policy forms for the pool; and
(3) receive service of summons on behalf of the pool.
(b) The board may:
(1) adopt necessary rules, including rules to implement this chapter;
(2) delegate specific responsibilities to the pool manager; and
(3) with the department's approval, amend the plan of operation to ensure the orderly management and operation of the pool.
Added by Acts 2005, 79th Leg., Ch. 727 , Sec. 2, eff. April 1, 2007.