Tex. Gov't Code Section 2261.102
Liability Insurance Coverage Required

Each state agency shall, when feasible, include provisions in each of its contracts for goods or services that are subject to this chapter that require the contractor to carry director or officer liability insurance coverage in an amount not less than the value of the contract that is sufficient to protect the interests of the state in the event an actionable act or omission by a director or officer of the contractor damages the state’s interests.

Added by Acts 1999, 76th Leg., ch. 1498, Sec. 5, eff. Sept. 1, 1999. Renumbered from Sec. 2259.102 by Acts 2001, 77th Leg., ch. 1420, Sec. 21.001(71), eff. Sept. 1, 2001.

Source: Section 2261.102 — Liability Insurance Coverage Required, https://statutes.capitol.texas.gov/Docs/GV/htm/GV.2261.htm#2261.102 (accessed Apr. 29, 2024).

2261.001
Applicability 2261.002
Definitions 2261.003
Open Market Purchases 2261.051
Competitive Contractor Selection Procedures 2261.052
Determining Lowest and Best Bid or Proposal 2261.053
Prohibition on Certain Bids and Contracts 2261.054
Statement Regarding Vendor Selection Required for Certain Contract Awards 2261.101
Remedies and Sanctions Schedules 2261.102
Liability Insurance Coverage Required 2261.151
Reevaluation of Payment and Reimbursement Rates 2261.201
Double-billing 2261.202
Contract Monitoring Responsibilities 2261.203
Comparable Costs 2261.204
Liability Provisions 2261.251
Applicability of Subchapter 2261.252
Disclosure of Potential Conflicts of Interest 2261.253
Required Posting of Certain Contracts 2261.256
Accountability and Risk Analysis Procedure 2261.257
Contract Database 2261.258
Monitoring Assessment by State Auditor 2261.259
Electronic Compliance Submissions 2261.260
Texas Department of Transportation Preclusion Policy for Private Design Professionals 2261.0525
Certification of Vendor Assessment Process

Accessed:
Apr. 29, 2024

§ 2261.102’s source at texas.gov

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Location: https://texas.public.law/statutes/tex._gov't_code_section_2261.102

Original Source: Section 2261.102 — Liability Insurance Coverage Required, https://statutes.capitol.texas.gov/Docs/GV/htm/GV.2261.htm#2261.102 (last accessed Apr. 29, 2024).