Tex. Insurance Code § 4152.256: APPOINTMENT OF CERTAIN PERSONS TO BOARD OF DIRECTORS PROHIBITED.
Where this section sits in the code
- INSURANCE CODE
- TITLE 13. REGULATION OF PROFESSIONALS
- SUBTITLE D. OTHER PROFESSIONALS
- CHAPTER 4152. REINSURANCE INTERMEDIARIES
- SUBCHAPTER F. REQUIREMENTS RELATING TO INSURERS
(a) This section does not apply to a relationship governed by Chapter 823.
(b) An insurer may not appoint to the insurer's board of directors an officer, director, employee, controlling shareholder, or submanager of a manager acting for that insurer.
Added by Acts 2003, 78th Leg., ch. 1274, Sec. 7, eff. April 1, 2005.
Collected 2026-08-27T01:47:21Z. Source file · JSON