Sec. 941.052. ATTORNEY IN FACT. (a) The attorney in fact may execute insurance policies for the Lloyd's plan.
(b) The principal office of the attorney in fact must be maintained at the place designated by the underwriters in the articles of agreement.
Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.
Structure Texas Statutes
Title 6 - Organization of Insurers and Related Entities
Subtitle G - Lloyd's Plan and Reciprocal and Interinsurance Exchanges
Subchapter B. Formation and Structure of Lloyd's Plan
Section 941.051. Formation of Lloyd's Plan
Section 941.052. Attorney in Fact