Texas Administrative Code (Last Updated: March 27,2024) |
TITLE 28. INSURANCE |
PART 1. TEXAS DEPARTMENT OF INSURANCE |
CHAPTER 5. PROPERTY AND CASUALTY INSURANCE |
SUBCHAPTER N. RESIDENTIAL PROPERTY INSURANCE MARKET ASSISTANCE PROGRAM |
DIVISION 2. PLAN OF OPERATION |
SECTION 5.9413. Immunity from Liability
Latest version.
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Pursuant to Article 21.49-12 §7 of the Insurance Code, the MAP, its executive committee members, participating insurers and agents are not personally liable for any act performed in good faith within the scope of the person's authority as determined under Article 21.49-12 or for damages occasioned by his or her official acts or omissions except for an act or omission that is corrupt or malicious.
Source Note: The provisions of this §5.9413 adopted to be effective October 1, 1996, 21 TexReg 8715; transferred effective April 16, 1999, 24 TexReg 3092.