{"data":{"id":"us-tx/tex.-insurance-code-2211.204","jurisdiction":"us-tx","citation":"Tex. Insurance Code § 2211.204","heading":"ISSUANCE OF PUBLIC SECURITIES AUTHORIZED.","body":"At the request of the association and subject to Section 2211.205, the Texas Public Finance Authority shall issue public securities to:\n(1) fund the association, including to:\n(A) establish and maintain reserves to pay claims;\n(B) pay operating expenses; and\n(C) purchase reinsurance;\n(2) pay costs related to issuing the public securities; and\n(3) pay other costs related to the public securities as determined by the board.\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 2211. FAIR PLAN","SUBCHAPTER E. REVENUE BOND PROGRAM"],"source_url":"https://statutes.capitol.texas.gov/Docs/IN/htm/IN.2211.htm#2211.204","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:21Z","sha256":"25972eb79bfe9a5f3a542c7e85cfc1b7579850e9f89379d20b94ca158ce2213e","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-insurance-code-2211.203","next":"us-tx/tex.-insurance-code-2211.205"},"notice":"GroundRules: Original legal text. Not legal advice."}