Tex. Ins. Code § 2211.204 · Subchapter E. REVENUE BOND PROGRAM
ISSUANCE OF PUBLIC SECURITIES AUTHORIZED.
Text — Current through the 89th 2nd Called Legislative Session, 2025
At the request of the association and subject to Section 2211.205, the Texas Public Finance Authority shall issue public securities to:
(1) fund the association, including to:
(A) establish and maintain reserves to pay claims;
(B) pay operating expenses; and
(C) purchase reinsurance;
(2) pay costs related to issuing the public securities; and
(3) pay other costs related to the public securities as determined by the board.
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.2211.htm
- Text hash
- sha256 33e4f8bbd7458259b0e2c49da458bf208f5c386666f63df9c6b59260573c9c1d
- 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
This section cites
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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.