Texas Insurance Code § 882.151 Board Of Directors

Sec. 882.151. BOARD OF DIRECTORS. (a) The board of directors of a mutual life insurance company controls the business of the company.

(b) The board of directors consists of at least five directors as stated in the company's articles of incorporation.

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

Section: Previous  882.054  882.055  882.056  882.057  882.058  882.059  882.101  882.151  882.152  882.153  882.154  882.155  882.156  882.157  882.158  Next

Last modified: September 28, 2016