HOUSE BILL 1477 |
HOUSE AUTHOR: Bonnen et al. |
EFFECTIVE: 09-01-97 |
SENATE SPONSOR: Brown |
House Bill 1477 amends the Insurance Code to grant immunity from liability to a director or officer of the Texas Catastrophe Property Insurance Association. The immunity applies only to the acts or omissions of directors or officers occurring in the performance of official duties and does not apply to the acts or omissions of employees, an act or omission of the association, an act or failure to act involving a motor vehicle, or in cases of bad faith, gross negligence or intentional misconduct.