Tex. Ins. Code § 463.055 · Subchapter B. GOVERNANCE OF AND PARTICIPATION IN ASSOCIATION
TERM; VACANCY.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) Board members serve staggered six-year terms, with the terms of three members expiring each odd-numbered year. A member may be reappointed.
(b) A board member shall serve until a successor is appointed.
(c) If a board member who is an officer or employee of a member insurer ceases to be an officer or employee of the insurer, the member's office becomes vacant.
(d) The commissioner shall appoint an individual to fill a vacancy on the board for the unexpired term.
Notes and commentary — not statutory text
History
Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 1, eff. April 1, 2007.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/IN/htm/IN.463.htm
- Text hash
- sha256 f2d8e0ff31e3339477f5e448049fc74ffeaa48204fadff286d036253f80176f5
- Composed by
- compose_tx.py 2026-10-05: the Legislative Council's chapter files read in document order; verify_tx.py's independent reading (lxml DOM walk) agrees character for character
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.