Texas § 463.065 INSURANCE.

Texas Statutes

§ 463.065 — INSURANCE.

Texas § 463.065

Code TNTransportation Code

This text of Texas § 463.065 (INSURANCE.) 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. Transportation Code Code Ann. § 463.065 (2026).

Text

Sec. 463.065. INSURANCE.

(a)An authority may insure, through purchased insurance policies or self-insurance programs, or both, the legal liability of the authority and of its contractors and subcontractors arising from the acquisition, construction, or operation of the programs and facilities of the authority for:

(1)personal or property damage; and

(2)officers' and employees' liability.

(b)An authority may use contracts, rating plans, and risk management programs designed to encourage collision prevention.

(c)In developing an insurance or self-insurance program, an authority may consider the peculiar hazards, indemnity standards, and past and prospective loss and expense experience of the authority and of its contractors and subcontractors.

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Sec. 463.065. INSURANCE. (a) An authority may insure, through purchased insurance policies or self-insurance programs, or both, the legal liability of the authority and of its contractors and subcontractors arising from the acquisition, construction, or operation of the programs and facilities of the authority for:
(1) personal or property damage; and
(2) officers' and employees' liability.
(b) An authority may use contracts, rating plans, and risk management programs designed to encourage collision prevention.
(c) In developing an insurance or self-insurance program, an authority may consider the peculiar hazards, indemnity standards, and past and prospective loss and expense experience of the authority and of its contractors and subcontractors.

Legislative History

Added by Acts 2019, 86th Leg., R.S., Ch. 151 (H.B. 71 ), Sec. 1, eff. May 24, 2019. Amended by: Acts 2023, 88th Leg., R.S., Ch. 709 (H.B. 2190 ), Sec. 16, eff. September 1, 2023.