Texas § 172.007 TRUSTEE TRAINING.

Texas Statutes

§ 172.007 — TRUSTEE TRAINING.

Texas § 172.007

Code LGLocal Government Code

This text of Texas § 172.007 (TRUSTEE TRAINING.) 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. Local Government Code Code Ann. § 172.007 (2026).

Text

Sec. 172.007. TRUSTEE TRAINING.

(a)Trustees who act as fiduciaries for a risk pool must have at least 16 hours of combined professional instruction with four hours of instruction in each of the following areas:

(1)law governing the establishment and operation of risk pools by political subdivisions;

(2)principles of self-insurance and risk pools, including actuarial and underwriting principles and investment principles;

(3)principles relating to reading and understanding financial statements; and

(4)the general fiduciary duties of trustees.

(b)Not later than the 180th day after the date of selection as trustee, or after the effective date of this chapter, whichever is the later date, a trustee must complete the training required by Subsection (a).

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Sec. 172.007. TRUSTEE TRAINING. (a) Trustees who act as fiduciaries for a risk pool must have at least 16 hours of combined professional instruction with four hours of instruction in each of the following areas:
(1) law governing the establishment and operation of risk pools by political subdivisions;
(2) principles of self-insurance and risk pools, including actuarial and underwriting principles and investment principles;
(3) principles relating to reading and understanding financial statements; and
(4) the general fiduciary duties of trustees.
(b) Not later than the 180th day after the date of selection as trustee, or after the effective date of this chapter, whichever is the later date, a trustee must complete the training required by Subsection (a).