Tex. Ins. Code § 2210.084 · Subchapter B-2. PAYMENT OF EXCESS LOSSES AND OPERATING EXPENSES
REINSURANCE BY MEMBERS FOR MEMBER ASSESSMENTS.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) Before any occurrence or series of occurrences, an association member may purchase reinsurance to cover an assessment for which the member would otherwise be liable under this subchapter.
(b) An association member must notify the board of directors, in the manner prescribed by the association, whether the member will be purchasing reinsurance. If the member does not purchase reinsurance under this section, the member remains liable for any assessment imposed under this subchapter.
Notes and commentary — not statutory text
History
Added by Acts 2025, 89th Leg., R.S., Ch. 895 (H.B. 3689), Sec. 1.09, eff. September 1, 2025.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/IN/htm/IN.2210.htm
- Text hash
- sha256 7001813045512646ef9ea9e0b004be96a63adc812064de5e1a0c9493c193ebd8
- 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.