Bill Text: TX SB531 | 2013-2014 | 83rd Legislature | Enrolled

Texas Senate Bill 531 (Prior Session Legislation)

Bill Title: Relating to self-insurance funds established by governmental units.

Sponsorship: Partisan Bill (Republican 2)

Status: (Passed) 2013-06-14 - Effective on 9/1/13 [SB531 Detail]

Download: Texas-2013-SB531-Enrolled.html



	S.B. No. 531




	AN ACT
	relating to self-insurance funds established by governmental
	units.
	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
	SECTION 1. Section 2259.031, Government Code, is amended by
	adding Subsections (c), (d), and (e) to read as follows:
	(c) The governmental unit may purchase reinsurance for a
	risk covered through the fund.
	(d) Any law, including a regulation, requiring insurance
	may be satisfied by coverage provided through the fund.
	(e) Any law, including a regulation, requiring a
	certificate of insurance or an insurance agent's signature,
	countersignature, or approval may be satisfied by a certificate of
	coverage issued on behalf of the governmental unit demonstrating
	that coverage is provided through the fund.
	SECTION 2. This Act takes effect September 1, 2013.





	______________________________	______________________________
	President of the Senate	Speaker of the House

	I hereby certify that S.B. No. 531 passed the Senate on
	March 21, 2013, by the following vote: Yeas 31, Nays 0.


	______________________________
	Secretary of the Senate

	I hereby certify that S.B. No. 531 passed the House on
	May 17, 2013, by the following vote: Yeas 134, Nays 0, two
	present not voting.


	______________________________
	Chief Clerk of the House



	Approved:

	______________________________
	Date


	______________________________
	Governor