Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 882.151 - Board of Directors(a) The board of directors of a mutual life insurance company controls the business of the company.(b) The board of directors consists of at least five directors as stated in the company's articles of incorporation.
Tex. Ins. Code § 882.151
Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. 6/1/2003.