Tex. Insurance Code § 842.151
This is the official text of Tex. Insurance Code § 842.151, part of Texas’s Insurance Code — regulates insurance companies and the policies they sell.
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§ 842.151. BOARD OF DIRECTORS.
Official statutory text
(a) Each group hospital service corporation is governed by a board of directors that has full control over its management affairs.
(b) A board of directors must be composed of at least 12 but not more than 20 directors. A majority of the directors must be persons who:
(1) are not health care providers or employees of health care providers; and
(2) do not have a financial interest in a health care provider.
(b) A board of directors must be composed of at least 12 but not more than 20 directors. A majority of the directors must be persons who:
(1) are not health care providers or employees of health care providers; and
(2) do not have a financial interest in a health care provider.
Status: in_force · Read it on the official government site
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