Texas § 2210.084 REINSURANCE BY MEMBERS FOR MEMBER ASSESSMENTS.

Texas Statutes

§ 2210.084 — REINSURANCE BY MEMBERS FOR MEMBER ASSESSMENTS.

Texas § 2210.084

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Bluebook

Tex. Insurance Code Code Ann. § 2210.084 (2026).

Text

Sec. 2210.084. REINSURANCE BY MEMBERS FOR MEMBER ASSESSMENTS.

(a)Before any occurrence or series of occurrences, an association member may purchase reinsurance to cover an assessment for which the member would otherwise be liable under this subchapter.

(b)An association member must notify the board of directors, in the manner prescribed by the association, whether the member will be purchasing reinsurance. If the member does not purchase reinsurance under this section, the member remains liable for any assessment imposed under this subchapter. SUBCHAPTER C. ASSOCIATION BOARD OF DIRECTORS; GENERAL POWERS AND DUTIES OF BOARD OF DIRECTORS

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Sec. 2210.084. REINSURANCE BY MEMBERS FOR MEMBER ASSESSMENTS. (a) Before any occurrence or series of occurrences, an association member may purchase reinsurance to cover an assessment for which the member would otherwise be liable under this subchapter.
(b) An association member must notify the board of directors, in the manner prescribed by the association, whether the member will be purchasing reinsurance. If the member does not purchase reinsurance under this section, the member remains liable for any assessment imposed under this subchapter.
SUBCHAPTER C. ASSOCIATION BOARD OF DIRECTORS; GENERAL
POWERS AND DUTIES OF BOARD OF DIRECTORS