Tex. Ins. Code § 882.156 · Subchapter D. MANAGEMENT OF MUTUAL LIFE INSURANCE COMPANY
OFFICERS.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) The board of directors of a mutual life insurance company shall elect the following officers for the company:
(1) a president;
(2) the number of vice presidents as required by the company's bylaws;
(3) a secretary;
(4) a treasurer;
(5) a medical director; and
(6) other officers as required by the company's bylaws.
(b) The board shall establish the compensation of each officer.
(c) The duties of each officer shall be prescribed by the company's bylaws.
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 331e05834871d175aedfab640249497e462be8c3cc3b7ca306791675a79e2f25
- 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.