Tex. Fin. Code § 273.208 · Subchapter C. OPERATION OF CORPORATION
IMMUNITY FROM LIABILITY.
Verbatim from the official edition
Text — Current through the 89th 2nd Called Legislative Session, 2025
The following persons are not liable for an act or failure to act in the exercise of the person's powers or performance of the person's duties under this chapter:
(1) a member association;
(2) the corporation;
(3) a director;
(4) the commissioner or the commissioner's representative; and
(5) an agent or employee of the corporation or a member association.
Notes and commentary — not statutory text
History
Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/FI/htm/FI.273.htm
- Text hash
- sha256 aa7cb65ec2bf3172469e36e2af155db53442ce1e7935a9552c0e08b8fce861da
- Composed by
- compose_tx.py 2026-10-05: the Legislative Council's chapter files read in document order; verify_tx.py's independent reading (lxml DOM walk) agrees character for character
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.