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Texas Insurance Code - INS § 2210.106. Immunity of Director or Officer from Liability

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

(a) A director or officer of the association is not individually liable for an act or failure to act in the performance of official duties in connection with the association.

(b) Subsection (a) does not apply to:

(1) an act or failure to act of the association or an employee of the association;

(2) an act or omission involving a motor vehicle; or

(3) an act or failure to act that constitutes bad faith, intentional misconduct, or gross negligence.

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Cite this article: FindLaw.com - Texas Insurance Code - INS § 2210.106. Immunity of Director or Officer from Liability - last updated January 01, 2024 | https://codes.findlaw.com/tx/insurance-code/ins-sect-2210-106/

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