Sec. 3950.056. LIABILITY INSURANCE. The district may obtain and pay for comprehensive general liability insurance coverage from a commercial insurance company or other source that protects and insures a director against personal liability and from all claims relating to:
(1) actions taken by the director in the director's capacity as a member of the board;
(2) actions and activities taken by the district; or
(3) the actions of others acting on behalf of the district.
Added by Acts 2017, 85th Leg., R.S., Ch. 803 (H.B. 4290), Sec. 1, eff. June 15, 2017.
Structure Texas Statutes
Special District Local Laws Code
Title 4 - Development and Improvement
Subtitle C - Development, Improvement, and Management
Chapter 3950 - Stadium Park Management District
Subchapter B. Board of Directors
Section 3950.051. Governing Body; Terms
Section 3950.052. Director's Oath or Affirmation
Section 3950.055. Compensation; Expenses
Section 3950.056. Liability Insurance
Section 3950.057. No Executive Committee