Texas Insurance Code 1579.052 – Authority to Adopt Rules; Other Authority
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(a) The trustee may adopt rules relating to the program as considered necessary by the trustee.
(b) The trustee may adopt rules to administer the program, including rules relating to adjudication of claims and expelling participants from the program for cause.
Terms Used In Texas Insurance Code 1579.052
- Contract: A legal written agreement that becomes binding when signed.
- Devise: To gift property by will.
- Trustee: A person or institution holding and administering property in trust.
(c) The trustee may contract with independent and experienced group insurance consultants and actuaries for advice and counsel in implementing and administering the program.
(d) The trustee may enter into interagency contracts with any agency of the state, including the Employees Retirement System of Texas and the department, for the purpose of assistance in implementing the program.
(e) The trustee shall take the actions it considers necessary to devise, implement, and administer the program.