{"data":{"id":"us-tx/tex.-insurance-code-861.055","jurisdiction":"us-tx","citation":"Tex. Insurance Code § 861.055","heading":"ORGANIZATIONAL MEETING.","body":"(a) After receiving a certified copy of the articles of incorporation under Section 861.052, a general casualty company shall promptly call a meeting of the company's shareholders.\n(b) At the meeting the shareholders shall:\n(1) adopt bylaws to govern the company; and\n(2) elect a board of directors composed of shareholders of the company.\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 D. CASUALTY COMPANIES","CHAPTER 861. GENERAL CASUALTY COMPANIES","SUBCHAPTER B. FORMATION AND STRUCTURE OF GENERAL CASUALTY COMPANY"],"source_url":"https://statutes.capitol.texas.gov/Docs/IN/htm/IN.861.htm#861.055","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:21Z","sha256":"45281af3089cab3871e1b8bd50159d7fb2d3d3c001a2b87d7f9804d26bca7abd","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-insurance-code-861.054","next":"us-tx/tex.-insurance-code-861.101"},"notice":"GroundRules: Original legal text. Not legal advice."}