Tex. Insurance Code § 2210.106
IMMUNITY OF DIRECTOR OR OFFICER FROM LIABILITY
Texas · Texas Insurance Code · Status: effective
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- Citation
- Tex. Insurance Code § 2210.106, IMMUNITY OF DIRECTOR OR OFFICER FROM LIABILITY, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/684574
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Full text
(a) A director or officer of the association is not individually liable for an act or failure to act in the performance of official duties in connection with the association.
(b) Subsection (a) does not apply to:
(1) an act or failure to act of the association or an employee of the association;
(2) an act or omission involving a motor vehicle; or
(3) an act or failure to act that constitutes bad faith, intentional misconduct, or gross negligence.