At the request of the association and subject to Section 2211.205, the Texas Public Finance Authority shall issue public securities to:
(1) fund the association, including to:
(A) establish and maintain reserves to pay claims;
(B) pay operating expenses; and
(C) purchase reinsurance;
(2) pay costs related to issuing the public securities; and
(3) pay other costs related to the public securities as determined by the board.