Texas Insurance Code

§ 462.056 — REIMBURSEMENT OF BOARD MEMBERS

IN § 462.056Title 4. REGULATION OF SOLVENCY · Part D. GUARANTY ASSOCIATIONS · Ch. 462. TEXAS PROPERTY AND CASUALTY INSURANCE GUARANTY ASSOCIATION · Art. B. GOVERNANCE OF ASSOCIATION

Statute text

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A board member may be reimbursed from the assets of the association for expenses the board member incurs as a board member.

Legislative history

Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 1, eff. April 1, 2007.