Section 462.055 - Term; Vacancy(a) A board member serves a term established by the plan of operation.(b) The remaining board members, by majority vote, shall fill a vacancy on the board for the unexpired term of a director who serves as an insurance industry board member, subject to the commissioner's approval. The commissioner shall appoint a director to fill a vacancy on the board for the unexpired term of a director who serves as a public representative.Amended by Acts 2019, Texas Acts of the 86th Leg.- Regular Session, ch. 343,Sec. 2, eff. 9/1/2019.Added by Acts 2005, 79th Leg., Ch. 727, Sec. 1, eff. 4/1/2007.