Texas Insurance Code Title 10, Chapter 2213 - Self-insurance Trusts For Banks And Savings And Loan Associations

SUBCHAPTER A GENERAL PROVISIONS

• Texas Section 2213.001 - Definitions
  In this chapter: (1) "Bank" means a bank chartered under federal or state law. (2) "Plan" means a self-insurance trust's plan of organization and operation....
• Texas Section 2213.002 - Self-insurance Trust Not Engaged In Business Of Insurance
  (a) A self-insurance trust is not engaged in the business of insurance under this code or other laws of this state. (b) Other than this...

SUBCHAPTER B CREATION AND OPERATION OF SELF-INSURANCE TRUST

• Texas Section 2213.003 - Rules
  The commissioner may adopt: (1) necessary rules to carry out the provisions of this chapter relating to bank self-insurance trusts; and (2) reasonable rules necessary...
• Texas Section 2213.051 - Creation Of Bank Self-insurance Trust; Coverage
  (a) A group or association of banks or bankers, composed of any number of members, may create a bank self-insurance trust to self-insure banks that...
• Texas Section 2213.052 - Creation Of Savings And Loan Self-insurance Trust; Coverage
  (a) Two or more savings and loan associations that have their principal offices located in this state may create a savings and loan self-insurance trust...
• Texas Section 2213.053 - Plan Of Organization And Operation; Trustees
  (a) Before organizing and operating a self-insurance trust, the group or association of banks or bankers or the savings and loan associations, as applicable, proposing...
• Texas Section 2213.054 - Minimum Requirements; Commissioner Supervision
  (a) After approval of a self-insurance trust's plan, the self-insurance trust is subject to continuing supervision by the commissioner relating to: (1) the solvency of...
• Texas Section 2213.055 - Creation Of Trust Fund
  (a) The trustees shall create a trust fund to pay claims made under the coverage provided by the self-insurance trust under Section 2213.051 or 2213.052,...

SUBCHAPTER C PARTICIPATION IN SELF-INSURANCE TRUST

• Texas Section 2213.056 - Personnel; Payment Of Expenses
  (a) The trustees shall employ appropriate professional employees and consultants for management of the self-insurance trust program. (b) The trustees shall pay the salaries of...
• Texas Section 2213.101 - Participation
  A bank that is a member, or that has an officer who is a member, of a group or association of banks or bankers organizing...

Last modified: September 28, 2016