Texas § 2207.302 POOL MANAGER; PERFORMANCE BOND REQUIRED.

Texas Statutes

§ 2207.302 — POOL MANAGER; PERFORMANCE BOND REQUIRED.

Texas § 2207.302

Code INInsurance Code

This text of Texas § 2207.302 (POOL MANAGER; 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. § 2207.302 (2026).

Text

Sec. 2207.302. POOL MANAGER; PERFORMANCE BOND REQUIRED.

(a)The board shall appoint a pool manager who serves at the pleasure of the board, and the board shall supervise the pool manager's activities.

(b)The pool manager is entitled to receive the compensation authorized by the board.

(c)The pool manager shall execute a bond in the amount determined by the board. The bond must be payable to the pool and conditioned on the faithful performance of the pool manager's duties.

(d)The pool shall pay the cost of the bond executed under this section.

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Sec. 2207.302. POOL MANAGER; PERFORMANCE BOND REQUIRED. (a) The board shall appoint a pool manager who serves at the pleasure of the board, and the board shall supervise the pool manager's activities.
(b) The pool manager is entitled to receive the compensation authorized by the board.
(c) The pool manager shall execute a bond in the amount determined by the board. The bond must be payable to the pool and conditioned on the faithful performance of the pool manager's duties.
(d) The pool shall pay the cost of the bond executed under this section.