Sec. 2209.156. GENERAL POWERS AND DUTIES OF BOARD. (a) In addition to other duties provided by the plan of operation, the board shall:
(1) approve contracts other than insurance contracts issued by the pool to nonprofit organizations;
(2) adopt premium rate schedules and policy forms for the pool; and
(3) receive service of summons on behalf of the pool.
(b) The board may:
(1) adopt necessary rules, including rules to implement this chapter;
(2) delegate specific responsibilities to the pool manager; and
(3) with the department's approval, amend the plan of operation to ensure the orderly management and operation of the pool.
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 2209 - Texas Nonprofit Organizations Liability Pool
Subchapter D. Board of Trustees
Section 2209.151. Governance of Pool; Board Membership
Section 2209.152. Terms; Vacancy
Section 2209.153. Performance Bond Required
Section 2209.154. Compensation
Section 2209.155. Officers; Meetings
Section 2209.156. General Powers and Duties of Board
Section 2209.157. Immunity of Board Members From Certain Liabilities