Sec. 2209.201. GENERAL POWERS AND DUTIES OF POOL. (a) The pool shall:
(1) issue primary and excess liability coverage to each nonprofit organization entitled to coverage under this chapter;
(2) collect premiums for coverage issued or renewed by the pool;
(3) process and pay valid claims;
(4) maintain detailed data regarding the pool; and
(5) establish a plan to conduct loss control training or contract with an outside organization or individual to establish ongoing training and facilities inspection programs designed to reduce the potential liability losses of pool participants.
(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 carry out 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 2209.151 2209.152 2209.153 2209.154 2209.155 2209.156 2209.157 2209.201 2209.202 2209.203 2209.204 2209.205 2209.206 2209.207 2209.251 NextLast modified: September 28, 2016