Sec. 2208.201. GENERAL POWERS AND DUTIES OF POOL. (a) The pool shall:
(1) issue insurance coverage to each public entity 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 2208 - Texas Public Entity Excess Insurance Pool
Subchapter E. Operation of Pool
Section 2208.201. General Powers and Duties of Pool
Section 2208.202. Pool Manager
Section 2208.203. General Powers and Duties of Pool Manager
Section 2208.205. Performance Bond Authorized
Section 2208.206. Immunity of Employees and Contractors From Certain Liabilities