Tex. Ins. Code § 2054.055

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.

Section 2054.055 - Vacancies

(a) The governor shall fill a vacancy in the appointed board members by appointment with the advice and consent of the senate.

(b) A vacancy in the elected board members shall be filled as provided by the company's bylaws.

(c) If a vacancy occurs before the date the vacating member's term expires, the successor member shall be appointed or elected for a term that expires on the same date as the vacating member's term.

Tex. Ins. Code § 2054.055

Added by Acts 2005, 79th Leg., Ch. 727, Sec. 2, eff. 4/1/2007.