Tex. Ins. Code § 2054.105

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 2054.105 - Personal Liability of Board Members, Officers, and Employees

In connection with the administration, management, or conduct of the company, the company's business, or a related matter, a board member, the president, or an officer or employee of the company is not personally liable in the individual's private capacity for an act performed or a contract or other obligation entered into or undertaken in the individual's official capacity in good faith and without intent to defraud.

Tex. Ins. Code § 2054.105

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