Sec. 2207.301. GENERAL POWERS AND DUTIES OF POOL. (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.
Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 2, eff. April 1, 2007.
Structure Texas Statutes
Title 10 - Property and Casualty Insurance
Subtitle G - Pools, Groups, Plans, and Self-Insurance
Chapter 2207 - Excess Liability Pools for Counties and Certain Educational Entities
Subchapter G. Operation of Pool
Section 2207.301. General Powers and Duties of Pool
Section 2207.302. Pool Manager; Performance Bond Required
Section 2207.303. General Powers and Duties of Pool Manager
Section 2207.305. Performance Bond Authorized
Section 2207.306. Immunity of Employees and Contractors From Certain Liabilities