Tex. Ins. Code Section 883.056
Board of Directors


The board of directors named in a mutual insurance company’s articles of incorporation shall manage the company until the initial meeting of the members of the company.


After a mutual insurance company is issued a certificate of authority, the company’s board of directors may:


adopt bylaws;


accept applications for insurance; and


transact the business of the company.
Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.

Source: Section 883.056 — Board of Directors, https://statutes.­capitol.­texas.­gov/Docs/IN/htm/IN.­883.­htm#883.­056 (accessed Jun. 5, 2024).

Jun. 5, 2024

§ 883.056’s source at texas​.gov