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

Tex. Insurance Code § 882.151: BOARD OF DIRECTORS.

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Where this section sits in the code
  1. INSURANCE CODE
  2. TITLE 6. ORGANIZATION OF INSURERS AND RELATED ENTITIES
  3. SUBTITLE E. MUTUAL AND FRATERNAL COMPANIES AND RELATED ENTITIES
  4. CHAPTER 882. MUTUAL LIFE INSURANCE COMPANIES
  5. SUBCHAPTER D. MANAGEMENT OF MUTUAL LIFE INSURANCE COMPANY

(a) The board of directors of a mutual life insurance company controls the business of the company.

(b) The board of directors consists of at least five directors as stated in the company's articles of incorporation.

Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.

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

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