Tex. Ins. Code § 882.054

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.

Section 882.054 - Initial Board of Directors; Term

An initial director named as provided in Section 882.052 serves until:

(1) the first annual election of directors;

(2) the initial director's successor qualifies for office; or

(3) the initial director is removed from the board for improper practices.

Tex. Ins. Code § 882.054

Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. 6/1/2003.