Tex. Insurance Code § 981.152
This is the official text of Tex. Insurance Code § 981.152, part of Texas’s Insurance Code — regulates insurance companies and the policies they sell.
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§ 981.152. BOARD OF DIRECTORS.
Official statutory text
(a) The board of directors of the stamping office exercises the powers of the office.
(b) The board consists of nine members appointed by the commissioner. Four members must represent the public and have a minimum of three years of experience in purchasing commercial insurance. A public representative may not:
(1) be an officer, director, or employee of an insurer, insurance agency, agent, broker, solicitor, or adjuster or any other business entity regulated by the department;
(2) be a person required to register under Chapter 305, Government Code; or
(3) be related to a person described by Subdivision (1) or (2) within the second degree by affinity or consanguinity.
(c) A board member serves a term as established in the plan of operation.
(b) The board consists of nine members appointed by the commissioner. Four members must represent the public and have a minimum of three years of experience in purchasing commercial insurance. A public representative may not:
(1) be an officer, director, or employee of an insurer, insurance agency, agent, broker, solicitor, or adjuster or any other business entity regulated by the department;
(2) be a person required to register under Chapter 305, Government Code; or
(3) be related to a person described by Subdivision (1) or (2) within the second degree by affinity or consanguinity.
(c) A board member serves a term as established in the plan of operation.
Status: in_force · Read it on the official government site
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