Tex. Insurance Code § 882.054
This is the official text of Tex. Insurance Code § 882.054, part of Texas’s Insurance Code — regulates insurance companies and the policies they sell.
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§ 882.054. INITIAL BOARD OF DIRECTORS; TERM.
Official statutory text
An initial director named as provided in Section 882.052 serves until:
(1) the first annual election of directors;
(2) the initial director's successor qualifies for office; or
(3) the initial director is removed from the board for improper practices.
(1) the first annual election of directors;
(2) the initial director's successor qualifies for office; or
(3) the initial director is removed from the board for improper practices.
Status: in_force · Read it on the official government site
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