Sec. 2209.201. GENERAL POWERS AND DUTIES OF POOL. (a) The pool shall:
(1) issue primary and excess liability coverage to each nonprofit organization entitled to coverage under this chapter;
(2) collect premiums for coverage issued or renewed by the pool;
(3) process and pay valid claims;
(4) maintain detailed data regarding the pool; and
(5) establish a plan to conduct loss control training or contract with an outside organization or individual to establish ongoing training and facilities inspection programs designed to reduce the potential liability losses of pool participants.
(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 carry out 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 2209 - Texas Nonprofit Organizations Liability Pool
Subchapter E. Operation of Pool
Section 2209.201. General Powers and Duties of Pool
Section 2209.202. Pool Manager; Performance Bond Required
Section 2209.203. General Powers and Duties of Pool Manager
Section 2209.205. Performance Bond Authorized
Section 2209.206. Immunity of Employees and Contractors From Certain Liabilities