Sec. 22.406. INDEMNIFICATION. A church benefits board, or an affiliate wholly owned by the board, may agree to indemnify against damage or risk of loss:
(1) a minister, teacher, employee, trustee, functionary, or director affiliated with the board or a family member, dependent, or beneficiary of one of those persons;
(2) a church or a convention, conference, or association of churches; or
(3) an organization that is controlled by or affiliated with the board or with a church or a convention, conference, or association of churches.
Acts 2003, 78th Leg., ch. 182, Sec. 1, eff. Jan. 1, 2006.
Structure Texas Statutes
Chapter 22 - Nonprofit Corporations
Subchapter I. Church Benefits Boards
Section 22.402. Pensions and Benefits
Section 22.404. Power to Act as Trustee
Section 22.405. Documents and Agreements
Section 22.406. Indemnification
Section 22.407. Protection of Benefits