Sec. 2210.061. CONTRACTORS AND MANAGERIAL EMPLOYEES: COMPENSATION AND BONUSES. The association shall post on the association's Internet website any compensation, monetary or otherwise, and any bonus that, when aggregated, exceed $100,000 in a calendar year and that are paid or given by the association to:
(1) a vendor or independent contractor with whom the association has a contract; or
(2) an association employee.
Added by Acts 2011, 82nd Leg., 1st C.S., Ch. 2 (H.B. 3), Sec. 9, eff. September 28, 2011.
Structure Texas Statutes
Title 10 - Property and Casualty Insurance
Subtitle G - Pools, Groups, Plans, and Self-Insurance
Chapter 2210 - Texas Windstorm Insurance Association
Subchapter B. Administration of Association
Section 2210.051. Composition of Association; Required Membership
Section 2210.052. Member Participation in Association
Section 2210.053. Operation of Association
Section 2210.054. Annual Statement
Section 2210.055. Legal Counsel
Section 2210.056. Use of Association Assets
Section 2210.057. Examination of Association
Section 2210.058. Audit of Association
Section 2210.059. Claims Practices Audit
Section 2210.060. Indemnification by Association
Section 2210.061. Contractors and Managerial Employees: Compensation and Bonuses
Section 2210.062. Administration by Contracted Administrator Authorized