Sec. 2210.106. IMMUNITY OF DIRECTOR OR OFFICER FROM LIABILITY. (a) A director or officer of the association is not individually liable for an act or failure to act in the performance of official duties in connection with the association.
(b) Subsection (a) does not apply to:
(1) an act or failure to act of the association or an employee of the association;
(2) an act or omission involving a motor vehicle; or
(3) an act or failure to act that constitutes bad faith, intentional misconduct, or gross negligence.
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 2210 - Texas Windstorm Insurance Association
Subchapter C. Association Board of Directors; General
Section 2210.101. Accountable to Commissioner
Section 2210.1051. Meetings of Board of Directors
Section 2210.1052. Emergency Meeting
Section 2210.106. Immunity of Director or Officer From Liability
Section 2210.107. Primary Board Objectives; Report