Sec. 51.966. INSURANCE COVERAGE. (a) The governing board of an institution of higher education may purchase insurance insuring the institution and its employees against any liability, risk, or exposure and covering the losses of any institutional property.
(b) The governing board may pay the cost of any insurance from any funds of the institution.
(c) Section 612.002(b), Government Code, does not apply to an institution of higher education or university system purchasing insurance under this section.
(d) In this section, "governing board," "institution of higher education," and "university system" have the meanings assigned by Section 61.003.
Added by Acts 2001, 77th Leg., ch. 118, Sec. 1.02, eff. Sept. 1, 2001.
Amended by:
Acts 2011, 82nd Leg., R.S., Ch. 1049 (S.B. 5), Sec. 2.04, eff. June 17, 2011.
Section: Previous 51.961 51.9611 51.962 51.963 51.964 51.9645 51.965 51.966 51.967 51.968 51.9685 51.96851 51.969 51.970 51.9701 NextLast modified: September 28, 2016