Tex. Ins. Code § 2210.454 · Subchapter J. CATASTROPHE RESERVE TRUST FUND; REINSURANCE AND ALTERNATIVE RISK FINANCING
MITIGATION AND PREPAREDNESS PLAN.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) The commissioner shall annually develop and implement a mitigation and preparedness plan.
(b) Each state fiscal year, the department may fund the mitigation and preparedness plan using available funds.
(c) The mitigation and preparedness plan must provide for actions to be taken in the seacoast territory by the commissioner, or by a local government, state agency, educational institution, or nonprofit organization designated by the commissioner in the plan, to implement programs to:
(1) improve preparedness for windstorm and hail catastrophes;
(2) reduce potential losses in the event of such a catastrophe; and
(3) provide research into the means to:
(A) reduce those losses;
(B) educate or inform the public in determining the appropriateness of particular upgrades to structures; or
(C) protect infrastructure from potential damage from those catastrophes.
(d) Money in excess of $1 million may not be used under this section if the commissioner determines that an expenditure of investment income from the trust fund would jeopardize the actuarial soundness of the fund or materially impair the ability of the fund to serve the state purposes for which the fund was established.
Notes and commentary — not statutory text
History
Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 2, eff. April 1, 2007.
Amended by:
Acts 2009, 81st Leg., R.S., Ch. 1408 (H.B. 4409), Sec. 40, eff. June 19, 2009.
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 ed8fdc5afbd885ac0c3d1ad664e09b8cf192b328c306d16cf052c876edf1299f
- 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
Cited by 1 provision
Provisions in this library whose text cites Tex. Ins. Code § 2210.454. Each shows the citation as that text prints it.
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.