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Tex. Insurance Code § 2206.251

FUND CREATION; MANAGEMENT

Texas · Texas Insurance Code · Status: effective

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Tex. Insurance Code § 2206.251, FUND CREATION; MANAGEMENT, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/684377
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(a) Immediately after taking office, an initial regular board shall create a risk management fund. The fund must include: (1) fees, contributions, and premiums collected by the pool; (2) investments of money in the fund; (3) interest earned on investments made by the pool; and (4) all other income received by the pool. (b) The board shall manage and invest the money in the fund in the manner provided by the plan of operation.