(a) In addition to other duties provided by the plan of operation, the board shall:
(1) approve contracts other than excess insurance contracts issued to public entities by the pool;
(2) adopt premium rate schedules and policy forms for the pool; and
(3) receive service of summons on behalf of the pool.
(b) The board may:
(1) adopt necessary rules, including rules to implement this chapter;
(2) delegate specific responsibilities to the pool manager; and
(3) amend the plan of operation to ensure the orderly management and operation of the pool.