104.009 – DIRECTORS' AND OFFICERS' LIABILITY INSURANCE.
Texas Civil Practice and Remedies Code § 104.009
Summary
This law allows state agencies, institutions, or departments in Texas to purchase liability insurance for their directors and officers. It covers damages related to specific conduct and other typical liabilities associated with their roles.
Permits purchase of liability insurance for directors and officers.
Covers damages from specified conduct and typical liabilities.
Applies to state agencies, institutions, and departments.
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In simple terms: Learn about Texas's DIRECTORS' AND OFFICERS' LIABILITY INSURANCE. law, including definitions, penalties, and legal implications.. This means people must follow this rule, and breaking it can lead to criminal penalties.
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