(a) Board members serve staggered six-year terms, with the terms of three members expiring July 1 of each odd-numbered year.(b) A board member whose term has expired shall continue to serve until the member's successor is appointed by the governor or is elected by the company's policyholders, as applicable.Tex. Ins. Code § 2054.054
Added by Acts 2005, 79th Leg., Ch. 727, Sec. 2, eff. 4/1/2007.