Tex. Loc. Gov't Code § 172.007 · Chapter 172. TEXAS POLITICAL SUBDIVISIONS UNIFORM GROUP BENEFITS PROGRAM
TRUSTEE TRAINING.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) Trustees who act as fiduciaries for a risk pool must have at least 16 hours of combined professional instruction with four hours of instruction in each of the following areas:
(1) law governing the establishment and operation of risk pools by political subdivisions;
(2) principles of self-insurance and risk pools, including actuarial and underwriting principles and investment principles;
(3) principles relating to reading and understanding financial statements; and
(4) the general fiduciary duties of trustees.
(b) Not later than the 180th day after the date of selection as trustee, or after the effective date of this chapter, whichever is the later date, a trustee must complete the training required by Subsection (a).
Notes and commentary — not statutory text
History
Added by Acts 1989, 71st Leg., ch. 1067, Sec. 1, eff. Sept. 1, 1989.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/LG/htm/LG.172.htm
- Text hash
- sha256 52029c8e7cac9f9fa78d8a466c5d8bed7dbd5a72fbde4b3e2fcbc196c432e68b
- 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.