Texas Labor Code - Section 407A.151. Board Membership
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§ 407A.151. BOARD MEMBERSHIP. (a) Each group shall be
operated by a board of trustees composed of at least five persons
whom the members of the group elect for stated terms of office. The
trustees must be employees, officers, or directors of employers who
are members of the group. Each board member shall be a resident of
this state or an officer of a corporation authorized to do business
in this state.
(b) An administrator or service company of the group, or
owner, officer, employee of, or any other person affiliated with
the administrator or service company, may not serve on the board of
trustees.
Added by Acts 2003, 78th Leg., ch. 275, § 1, eff. Sept. 1, 2003.
Section: 407A.052 407A.053 407A.054 407A.055 407A.056 407A.057 407A.101 407A.151 407A.152 407A.153 407A.154 407A.201 407A.251 407A.252 407A.301
Last modified: August 10, 2007
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