Tex. Insurance Code § 882.156

This is the official text of Tex. Insurance Code § 882.156, part of Texas’s Insurance Code — regulates insurance companies and the policies they sell.

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§ 882.156. OFFICERS.

Official statutory text

(a) The board of directors of a mutual life insurance company shall elect the following officers for the company:

(1) a president;

(2) the number of vice presidents as required by the company's bylaws;

(3) a secretary;

(4) a treasurer;

(5) a medical director; and

(6) other officers as required by the company's bylaws.

(b) The board shall establish the compensation of each officer.

(c) The duties of each officer shall be prescribed by the company's bylaws.

Status: in_force · Read it on the official government site

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