{"data":{"id":"us-tx/tex.-insurance-code-2207.253","jurisdiction":"us-tx","citation":"Tex. Insurance Code § 2207.253","heading":"PERFORMANCE BOND REQUIRED.","body":"(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.\n(b) The pool shall pay the cost of the bond executed under this section.\nAdded by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 2, eff. April 1, 2007.","path":["INSURANCE CODE","TITLE 10. PROPERTY AND CASUALTY INSURANCE","SUBTITLE G. POOLS, GROUPS, PLANS, AND SELF-INSURANCE","CHAPTER 2207. EXCESS LIABILITY POOLS FOR COUNTIES AND CERTAIN EDUCATIONAL ENTITIES","SUBCHAPTER F. BOARD OF TRUSTEES"],"source_url":"https://statutes.capitol.texas.gov/Docs/IN/htm/IN.2207.htm#2207.253","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:21Z","sha256":"86301fe0f5c2a6ad84647953e661d5d115b98916276b10d4137ba4af71871e35","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-insurance-code-2207.252","next":"us-tx/tex.-insurance-code-2207.254"},"notice":"GroundRules: Original legal text. Not legal advice."}