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Texas Insurance Code - INS § 2213.101. Participation

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

A bank that is a member, or that has an officer who is a member, of a group or association of banks or bankers organizing a bank self-insurance trust or of savings and loan associations organizing a savings and loan self-insurance trust may participate in the applicable self-insurance trust by:

(1) entering into a contract or agreement with the trustees for coverage that the self-insurance trust may provide under Section 2213.051 or 2213.052, as applicable;  and

(2) paying the required contribution to the trust fund in the amount determined by the trustees in accordance with the plan.

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Cite this article: FindLaw.com - Texas Insurance Code - INS § 2213.101. Participation - last updated January 01, 2024 | https://codes.findlaw.com/tx/insurance-code/ins-sect-2213-101/

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