Texas § 2213.052 CREATION OF SAVINGS AND LOAN SELF-INSURANCE TRUST; COVERAGE.

Texas Statutes

§ 2213.052 — CREATION OF SAVINGS AND LOAN SELF-INSURANCE TRUST; COVERAGE.

Texas § 2213.052

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This text of Texas § 2213.052 (CREATION OF SAVINGS AND LOAN SELF-INSURANCE TRUST; COVERAGE.) 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. § 2213.052 (2026).

Text

Sec. 2213.052. CREATION OF SAVINGS AND LOAN SELF-INSURANCE TRUST; COVERAGE.

(a)Two or more savings and loan associations that have their principal offices located in this state may create a savings and loan self-insurance trust to provide insurance and indemnity coverage for the savings and loan self-insurance trust's members and the officers and directors of the savings and loan self-insurance trust's members.

(b)Insurance and indemnity coverage provided by the savings and loan self-insurance trust is limited to savings and loan blanket bonds covering losses resulting from:

(1)dishonest acts and criminal acts of employees; or

(2)robbery.

(c)The trustees shall determine, according to the plan, the amount of coverage to be provided to a savings and loan association participating in the

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Sec. 2213.052. CREATION OF SAVINGS AND LOAN SELF-INSURANCE TRUST; COVERAGE. (a) Two or more savings and loan associations that have their principal offices located in this state may create a savings and loan self-insurance trust to provide insurance and indemnity coverage for the savings and loan self-insurance trust's members and the officers and directors of the savings and loan self-insurance trust's members.
(b) Insurance and indemnity coverage provided by the savings and loan self-insurance trust is limited to savings and loan blanket bonds covering losses resulting from:
(1) dishonest acts and criminal acts of employees; or
(2) robbery.
(c) The trustees shall determine, according to the plan, the amount of coverage to be provided to a savings and loan association participating in the savings and loan self-insurance trust.