{"data":{"id":"us-tx/tex.-insurance-code-841.063","jurisdiction":"us-tx","citation":"Tex. Insurance Code § 841.063","heading":"ORGANIZATION MEETING.","body":"(a) After receipt of the certified copy of documents under Section 841.061(c), the incorporators shall promptly call a meeting of the domestic insurance company's shareholders. The shareholders shall:\n(1) adopt bylaws to govern the company; and\n(2) elect the company's initial board of directors.\n(b) The directors elected under this section serve until directors are first elected under Section 841.153.\nAdded by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.","path":["INSURANCE CODE","TITLE 6. ORGANIZATION OF INSURERS AND RELATED ENTITIES","SUBTITLE C. LIFE, HEALTH, AND ACCIDENT INSURERS AND RELATED ENTITIES","CHAPTER 841. LIFE, HEALTH, OR ACCIDENT INSURANCE COMPANIES","SUBCHAPTER B. FORMATION AND STRUCTURE OF DOMESTIC COMPANIES"],"source_url":"https://statutes.capitol.texas.gov/Docs/IN/htm/IN.841.htm#841.063","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:21Z","sha256":"6064e9ad8d1ce4e6fe22ebf58b2d43b10f1eecfe8119981d747d24eee56ec983","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-insurance-code-841.062","next":"us-tx/tex.-insurance-code-841.101"},"notice":"GroundRules: Original legal text. Not legal advice."}