SECTION 37.601. Trust Agreement for Liability  


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  • (a) A trust agreement for a liability trust fund, as specified in §37.501 of this title (relating to Trust Fund for Liability), must be worded as specified in the Trust Agreement in this subsection, except that the instructions in parenthesis are to be replaced with the relevant information and the parenthesis deleted.

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    (b) A Certification of Acknowledgement must be worded as specified in the Certification of Acknowledgement in this subsection and must accompany the trust agreement for a trust fund as specified in §37.501 of this title.

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Source Note: The provisions of this §37.601 adopted to be effective December 30, 1996, 21 TexReg 12297; amended to be effective March 21, 2000, 25 TexReg 2347; amended to be effective February 13, 2003, 28 TexReg 1196