Sec. 3868.058. LIABILITY INSURANCE. The district may obtain and pay for comprehensive general liability insurance coverage from commercial insurance companies or other sources that protect and insure the directors against personal liability and from all claims for actions taken as directors or actions and activities taken by the district or by others acting on its behalf.
Added by Acts 2011, 82nd Leg., R.S., Ch. 1190 (H.B. 3819), Sec. 1, eff. September 1, 2011.
Structure Texas Statutes
Special District Local Laws Code
Title 4 - Development and Improvement
Subtitle C - Development, Improvement, and Management
Chapter 3868 - Valencia Municipal Management District No. 1
Subchapter B. Board of Directors
Section 3868.051. Governing Body; Terms
Section 3868.052. Qualifications of Appointed Director
Section 3868.053. Complete Discretion of Town Regarding Appointment of Director
Section 3868.055. Director's Oath or Affirmation