Texas § 2206.251 FUND CREATION; MANAGEMENT.

Texas Statutes

§ 2206.251 — FUND CREATION; MANAGEMENT.

Texas § 2206.251

Code INInsurance Code

This text of Texas § 2206.251 (FUND CREATION; MANAGEMENT.) is published on Counsel Stack Legal Research, covering Texas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Tex. Insurance Code Code Ann. § 2206.251 (2026).

Text

Sec. 2206.251. FUND CREATION; MANAGEMENT.

(a)Immediately after taking office, an initial regular board shall create a risk management fund. The fund must include:

(1)fees, contributions, and premiums collected by the pool;

(2)investments of money in the fund;

(3)interest earned on investments made by the pool; and

(4)all other income received by the pool.

(b)The board shall manage and invest the money in the fund in the manner provided by the plan of operation.

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Sec. 2206.251. FUND CREATION; MANAGEMENT. (a) Immediately after taking office, an initial regular board shall create a risk management fund. The fund must include:
(1) fees, contributions, and premiums collected by the pool;
(2) investments of money in the fund;
(3) interest earned on investments made by the pool; and
(4) all other income received by the pool.
(b) The board shall manage and invest the money in the fund in the manner provided by the plan of operation.