Texas Statutes
§ 2207.253 — PERFORMANCE BOND REQUIRED.
Texas § 2207.253
JurisdictionTexas
Code INInsurance Code
This text of Texas § 2207.253 (PERFORMANCE BOND REQUIRED.) 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. § 2207.253 (2026).
Text
Sec. 2207.253. PERFORMANCE BOND REQUIRED.
(a)Each board member shall execute a bond in the amount required by the plan of operation. The bond must be payable to the pool and conditioned on the faithful performance of the member's duties.
(b)The pool shall pay the cost of the bond executed under this section.
Free access — add to your briefcase to read the full text and ask questions with AI
Legislative History
Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017 ), Sec. 2, eff. April 1, 2007.
Nearby Sections
15
§ 2207.001
DEFINITIONS.§ 2207.053
SELECTION OF TEMPORARY BOARD.§ 2207.103
SELECTION OF TEMPORARY BOARD.§ 2207.153
SELECTION OF TEMPORARY BOARD.§ 2207.201
TIME FOR CREATION OF PLAN OF OPERATION.§ 2207.202
CONTENTS OF PLAN OF OPERATION.§ 2207.251
BOARD OF TRUSTEES.§ 2207.252
TERMS; VACANCY.Cite This Page — Counsel Stack
Bluebook (online)
Texas § 2207.253, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/IN/2207.253.