Texas · Through 89th 2nd Called Legislative Session, 2025

Tex. Insurance Code § 2209.153: PERFORMANCE BOND REQUIRED.

Where this section sits in the code

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

(a) Each board member shall execute a bond in the amount required by the plan of operation. The bond must be payable to the pool and conditioned on the faithful performance of the member's duties.

(b) The pool shall pay the cost of the bond executed under this section.

Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 2, eff. April 1, 2007.

Collected 2026-08-27T01:47:21Z. Source file · JSON

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