GroundRules
Tex. Insurance Code § 2204.054: DIRECTORS.
Where this section sits in the code
- INSURANCE CODE
- TITLE 10. PROPERTY AND CASUALTY INSURANCE
- SUBTITLE G. POOLS, GROUPS, PLANS, AND SELF-INSURANCE
- CHAPTER 2204. TEXAS INSURANCE EXCHANGE
- SUBCHAPTER B. OPERATION AND MANAGEMENT
(a) The directors shall operate and manage the exchange in accordance with rules adopted under Section 2204.003.
(b) The directors shall be elected by the members and any other person authorized by the exchange's constitution and bylaws to vote in an election of directors.
(c) At least two-thirds of the directors must be citizens of the United States.
Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 2, eff. April 1, 2007.
Collected 2026-08-27T01:47:21Z. Source file · JSON