Tex. Ins. Code § 882.151 · Subchapter D. MANAGEMENT OF MUTUAL LIFE INSURANCE COMPANY
BOARD OF DIRECTORS.
Verbatim from the official edition
Text — Current through the 89th 2nd Called Legislative Session, 2025
(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.
Notes and commentary — not statutory text
History
Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/IN/htm/IN.882.htm
- Text hash
- sha256 14ccb5a1c405a2d031bfc1d72fad7062a8478e6760d2c6df377096fc779755ce
- 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.