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2025 Texas Statutes
Insurance Code - Not Codified
Title 1 - The Insurance Code of 1951
Chapter 21 - General Provisions
Subchapter E. Miscellaneous Provisions
Article 21.49-3c. Texas Nonprofit Organization Liability Insurance Underwriting Association
Section 5. General Authority
Universal Citation:
§ 5 (2025)
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Sec. 5. GENERAL AUTHORITY. Pursuant to this article and the plan of operation, the association may:
(1) issue, or cause to be issued, nonprofit organization liability insurance policies that include primary and incidental coverages in amounts not to exceed $750,000 per occurrence and $1.5 million aggregate a year for an individual insured;
(2) underwrite association insurance and adjust and pay losses with respect to that insurance;
(3) appoint service companies to adjust and pay losses for the association; and
(4) purchase reinsurance.
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