Texas § 2211.204 ISSUANCE OF PUBLIC SECURITIES AUTHORIZED.

Texas Statutes

§ 2211.204 — ISSUANCE OF PUBLIC SECURITIES AUTHORIZED.

Texas § 2211.204

Code INInsurance Code

This text of Texas § 2211.204 (ISSUANCE OF PUBLIC SECURITIES AUTHORIZED.) 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. § 2211.204 (2026).

Text

Sec. 2211.204. ISSUANCE OF PUBLIC SECURITIES AUTHORIZED. At the request of the association and subject to Section 2211.205 , the Texas Public Finance Authority shall issue public securities to:

(1)fund the association, including to:

(A)establish and maintain reserves to pay claims;

(B)pay operating expenses; and

(C)purchase reinsurance;

(2)pay costs related to issuing the public securities; and

(3)pay other costs related to the public securities as determined by the board.

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Sec. 2211.204. ISSUANCE OF PUBLIC SECURITIES AUTHORIZED. At the request of the association and subject to Section 2211.205 , the Texas Public Finance Authority shall issue public securities to:
(1) fund the association, including to:
(A) establish and maintain reserves to pay claims;
(B) pay operating expenses; and
(C) purchase reinsurance;
(2) pay costs related to issuing the public securities; and
(3) pay other costs related to the public securities as determined by the board.