Sec. 2208.201. GENERAL POWERS AND DUTIES OF POOL. (a) The pool shall:
(1) issue insurance coverage to each public entity entitled to coverage under this chapter;
(2) collect premiums for coverage issued or renewed by the pool;
(3) process and pay valid claims; and
(4) maintain detailed data regarding the pool.
(b) The pool may:
(1) enter into contracts;
(2) purchase reinsurance;
(3) cancel or refuse to renew coverage; and
(4) perform any other act necessary to implement this chapter, the plan of operation, or a rule adopted by the board.
Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 2, eff. April 1, 2007.
Section: Previous 2208.101 2208.102 2208.103 2208.104 2208.105 2208.151 2208.152 2208.201 2208.202 2208.203 2208.204 2208.205 2208.206 2208.207 2208.251 NextLast modified: September 28, 2016