Tex. Insurance Code § 2205.202
POOL MANAGER; PERFORMANCE BOND REQUIRED
Texas · Texas Insurance Code · Status: effective
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- Citation
- Tex. Insurance Code § 2205.202, POOL MANAGER; PERFORMANCE BOND REQUIRED, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/684335
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Full text
(a) The board shall appoint a pool manager who serves at the pleasure of the board, and the board shall supervise the pool manager's activities.
(b) The pool manager shall execute a bond in the amount determined by the board. The bond must be payable to the pool and conditioned on the faithful performance of the pool manager's duties.