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Texas Insurance Code - INS § 2205.202. Pool Manager; Performance Bond Required

Current as of January 01, 2024 | Updated by Findlaw Staff

(a) The board shall appoint a pool manager who serves at the pleasure of the board, and the board shall supervise the pool manager's activities.

(b) The pool manager shall execute a bond in the amount determined by the board. The bond must be payable to the pool and conditioned on the faithful performance of the pool manager's duties.

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Cite this article: FindLaw.com - Texas Insurance Code - INS § 2205.202. Pool Manager; Performance Bond Required - last updated January 01, 2024 | https://codes.findlaw.com/tx/insurance-code/ins-sect-2205-202/

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