{"data":{"id":"us-tx/tex.-insurance-code-882.054","jurisdiction":"us-tx","citation":"Tex. Insurance Code § 882.054","heading":"INITIAL BOARD OF DIRECTORS; TERM.","body":"An initial director named as provided in Section 882.052 serves until:\n(1) the first annual election of directors;\n(2) the initial director's successor qualifies for office; or\n(3) the initial director is removed from the board for improper practices.\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 E. MUTUAL AND FRATERNAL COMPANIES AND RELATED ENTITIES","CHAPTER 882. MUTUAL LIFE INSURANCE COMPANIES","SUBCHAPTER B. FORMATION AND STRUCTURE OF MUTUAL LIFE INSURANCE COMPANY"],"source_url":"https://statutes.capitol.texas.gov/Docs/IN/htm/IN.882.htm#882.054","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:21Z","sha256":"fe314e37f78077e645fa47bd80d4317f4f51718b977308894379ce564c88ef4d","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-insurance-code-882.053","next":"us-tx/tex.-insurance-code-882.055"},"notice":"GroundRules: Original legal text. Not legal advice."}