Current as of April 14, 2021 | Updated by FindLaw Staff
Welcome to FindLaw's Cases & Codes, a free source of state and federal court opinions, state laws, and the United States Code. For more information about the legal concepts addressed by these cases and statutes, visit FindLaw's Learn About the Law.
(a) A member of the advisory council is not personally liable for damages arising from the member's official act or omission under this subchapter unless the act or omission is corrupt or malicious.
(b) The attorney general shall defend an action brought against a member of the advisory council arising from an official act or omission under this subchapter, including an action instituted after the defendant's service with the advisory council has terminated.
(c) The attorney general is not required to defend a member of the advisory council against an action relating to:
(1) the disposition of a claim filed under this subchapter; or
(2) any issue other than the applicability or effect of the limitation on liability under this section.
(d) The commissioner on behalf of the fund, with the advice and consent of the advisory council, may contract with the attorney general under Chapter 771, Government Code, for legal services not covered by this section.
Cite this article: FindLaw.com - Texas Finance Code - FIN § 154.3551. Limit on Liability - last updated April 14, 2021 | https://codes.findlaw.com/tx/finance-code/fin-sect-154-3551.html
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs.
Was this helpful?