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Current as of January 01, 2024 | Updated by Findlaw Staff
(a) A pool shall:
(1) issue excess liability insurance coverage to each county, school district, or junior college district entitled to coverage under this chapter;
(2) collect premiums for coverage issued or renewed by the pool;
(3) process and pay valid claims; and
(4) maintain detailed data regarding the pool.
(b) The pool may:
(1) enter into contracts;
(2) purchase reinsurance;
(3) cancel or refuse to renew coverage; and
(4) perform any other act necessary to implement this chapter, the plan of operation, or a rule adopted by the board.
Cite this article: FindLaw.com - Texas Insurance Code - INS § 2207.301. General Powers and Duties of Pool - last updated January 01, 2024 | https://codes.findlaw.com/tx/insurance-code/ins-sect-2207-301/
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 before relying on it for your legal needs.
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