Sec. 2202.101. AUTHORITY TO ACT. A joint underwriting association may:
(1) act only on behalf of association members who are authorized to engage in business in this state; and
(2) engage in only those activities the association is authorized to perform by the association members.
Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 2, eff. April 1, 2007.
Structure Texas Statutes