NOT INSURANCE; BOARD OF INSURANCE LACKS JURISDICTION
Applied in 1 court decision — leading case Texas Ass'n of Counties County Government Risk Management Pool v. Matagorda County (2001)
Most recently applied in Texas Ass'n of Counties County Government Risk Management Pool v. Matagorda County (March 2001)
Acts 1987, 70th Leg., ch. 149, Sec. 1, eff
(a) The pool created under this chapter is not insurance for purposes of the Insurance Code and other laws of this state.
(b) The State Board of Insurance has no jurisdiction over the pool or over any other governmental insurance pool created under The Interlocal Cooperation Act (Article 4413(32c), Vernon's Texas Civil Statutes).
Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.