Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 273.104 - Term(a) An elected director serves a two-year term and continues to serve until a successor has been elected and qualified.(b) Of the original board who represent the member associations, three directors shall be elected for two-year terms, and the other three directors shall be elected for one-year terms.
Tex. Fin. Code § 273.104
Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. 9/1/1997.