Section 463.106 - Delegation of Powers and Duties(a) The plan of operation may provide that, on approval of the board and the commissioner, a power or duty of the association is delegated to a corporation or other organization that:(1) performs in two or more states functions similar to those of the association or the association's equivalent; and(2) provides protection not substantially less favorable and effective than that provided by this chapter.(b) A power or duty under Section 463.261(c) or Subchapter D, other than a duty under Section 463.161(c), may not be delegated under this section.(c) The corporation or other organization to which a power or duty is delegated shall be: (1) reimbursed for a payment made on behalf of the association; and(2) paid for performing any other function of the association.Added by Acts 2005, 79th Leg., Ch. 727, Sec. 1, eff. 4/1/2007.