Tex. Ins. Code § 885.055

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 885.055 - Assembly As Supreme Governing Body
(a) The supreme governing body of a fraternal benefit society is an assembly if the body is composed of:
(1) delegates elected directly by the members or at intermediate assemblies or conventions by the members or their representatives; and
(2) other delegates as prescribed by the fraternal benefit society's laws.
(b) The elected delegates to an assembly must:
(1) constitute a majority of the assembly in number; and
(2) be entitled to cast the greater of:
(A) two-thirds of the votes in the assembly; or
(B) the number of votes required to amend the fraternal benefit society's laws.
(c) A fraternal benefit society may provide for election of delegates by mail.

Tex. Ins. Code § 885.055

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