Sec. 2210.653. POWERS AND DUTIES OF BOARD. (a) The board shall:
(1) receive information about rules proposed by the department relating to windstorm insurance and may submit comments to the commissioner on the proposed rules;
(2) monitor windstorm insurance in this state, including:
(A) the adequacy of rates;
(B) the operation of the association; and
(C) the availability of coverage; and
(3) review recommendations for legislation proposed by the department or the association.
(b) The board may request reports and other information from the department and the association as necessary to implement this subchapter.
Added by Acts 2009, 81st Leg., R.S., Ch. 1408 (H.B. 4409), Sec. 41, eff. June 19, 2009.
Structure Texas Statutes
Title 10 - Property and Casualty Insurance
Subtitle G - Pools, Groups, Plans, and Self-Insurance
Chapter 2210 - Texas Windstorm Insurance Association
Subchapter N. Legislative Oversight Board
Section 2210.652. Composition of Board
Section 2210.653. Powers and Duties of Board
Section 2210.655. Temporary Powers and Duties of Board; Study of Funding and Funding Structure