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Texas · Through 89th 2nd Called Legislative Session, 2025

Tex. Insurance Code § 462.052: BOARD OF DIRECTORS.

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Where this section sits in the code
  1. INSURANCE CODE
  2. TITLE 4. REGULATION OF SOLVENCY
  3. SUBTITLE D. GUARANTY ASSOCIATIONS
  4. CHAPTER 462. TEXAS PROPERTY AND CASUALTY INSURANCE GUARANTY ASSOCIATION
  5. SUBCHAPTER B. GOVERNANCE OF ASSOCIATION

(a) The association's powers are exercised through a board of directors consisting of nine individuals.

(b) Member insurers shall select five insurance industry board members, subject to the approval of the commissioner. In approving selections to the board, the commissioner shall consider whether all member insurers are fairly represented.

(c) Four board members must be public representatives appointed by the commissioner.

Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 1, eff. April 1, 2007.

Collected 2026-08-27T01:47:21Z. Source file · JSON

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