Tex. Ins. Code Section 861.055
Organizational Meeting

(a)

After receiving a certified copy of the articles of incorporation under Section 861.052 (Articles of Incorporation; Filing and Recording Requirement), a general casualty company shall promptly call a meeting of the company’s shareholders.

(b)

At the meeting the shareholders shall:

(1)

adopt bylaws to govern the company; and

(2)

elect a board of directors composed of shareholders of the company.
Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.

Source: Section 861.055 — Organizational Meeting, https://statutes.­capitol.­texas.­gov/Docs/IN/htm/IN.­861.­htm#861.­055 (accessed May 18, 2024).

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Accessed:
May 18, 2024

§ 861.055’s source at texas​.gov