Tex. Ins. Code § 2210.106

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.

Section 2210.106 - Immunity of Director or Officer From Liability

(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.

Tex. Ins. Code § 2210.106

Added by Acts 2005, 79th Leg., Ch. 727, Sec. 2, eff. 4/1/2007.