Tex. Ins. Code § 885.057

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 885.057 - Board As Supreme Governing Body
(a) The supreme governing body of a fraternal benefit society is a board if the body is composed of:
(1) individuals elected directly by the members or at intermediate assemblies by the members or their representatives; and
(2) other individuals as prescribed by the fraternal benefit society's laws.
(b) The individuals elected to the board must:
(1) constitute a majority of the board in number; and
(2) have at least the number of votes required to amend the fraternal benefit society's laws, other than laws, if any, that must be amended by direct vote of the members.
(c) A fraternal benefit society may provide for election of the board by mail.

Tex. Ins. Code § 885.057

Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. 6/1/2003.