Texas § IN.846.151 - GENERAL POWERS

§ IN.846.151. GENERAL POWERS

GENERAL POWERS. (a) Unless otherwise provided by or inconsistent with this chapter, each multiple employer welfare arrangement may exercise the powers provided by this section. (b) A multiple employer welfare arrangement may have succession, by its name, for the term stated in its trust agreement. (c) A multiple employer welfare arrangement may sue and be sued. An arrangement may: (1) complain and defend in any court; (2) be a party to any proceedings before a public body of this state or of any other state or government; and (3) sue a participating employer, an employee, or a beneficiary for any cause relating to the business of the arrangement. (d) A multiple employer welfare arrangement may have a seal that may be used by having the seal or a facsimile of the seal impressed, affixed, or otherwise reproduced. The arrangement may alter the seal at will. (e) A multiple employer welfare arrangement may appoint officers and agents as the business of the arrangement requires. (f) A multiple employer welfare arrangement may adopt, amend, and repeal bylaws as necessary for the government of its affairs. (g) A multiple employer welfare arrangement may conduct its business in this state, other states, and foreign countries and their territories and colonies. (h) A multiple employer welfare arrangement may have offices outside this state. (i) A multiple employer welfare arrangement may acquire, hold, mortgage, pledge, assign, and transfer real and personal property subject to this chapter. Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.