Texas Transportation Code

§ 643.102 — SELF-INSURANCE

TN § 643.102Title 7. VEHICLES AND TRAFFIC · Part F. COMMERCIAL MOTOR VEHICLES · Ch. 643. MOTOR CARRIER REGISTRATION · Art. C. INSURANCE

Statute text

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A motor carrier may comply with Section 643.101 through self-insurance if the carrier demonstrates to the department that it can satisfy its obligations for liability for bodily injury or property damage. In the interest of public safety, the department by rule shall provide for a responsible system of self-insurance for a motor carrier.

Legislative history

Added by Acts 1997, 75th Leg., ch. 165, Sec. 30.150(a), eff. Sept. 1, 1997.