Tex. Ins. Code § 2206.251 · Subchapter F. RISK MANAGEMENT FUND
FUND CREATION; MANAGEMENT.
Verbatim from the official edition
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) Immediately after taking office, an initial regular board shall create a risk management fund. The fund must include:
(1) fees, contributions, and premiums collected by the pool;
(2) investments of money in the fund;
(3) interest earned on investments made by the pool; and
(4) all other income received by the pool.
(b) The board shall manage and invest the money in the fund in the manner provided by the plan of operation.
Notes and commentary — not statutory text
History
Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 2, eff. April 1, 2007.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/IN/htm/IN.2206.htm
- Text hash
- sha256 81fa18e41fa8a828f4ad6799c9e54522b0767db97edd762d12f1e0f62d4062eb
- 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.