Tex. Insurance Code § 463.056: COMPENSATION OF BOARD MEMBERS.
Where this section sits in the code
- INSURANCE CODE
- TITLE 4. REGULATION OF SOLVENCY
- SUBTITLE D. GUARANTY ASSOCIATIONS
- CHAPTER 463. TEXAS LIFE AND HEALTH INSURANCE GUARANTY ASSOCIATION
- SUBCHAPTER B. GOVERNANCE OF AND PARTICIPATION IN ASSOCIATION
A board member may not receive compensation from the association for the member's services but may be reimbursed from the association's assets for expenses incurred as a board member.
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