Texas Statutes
§ 273.106 — VACANCY.
Texas § 273.106
JurisdictionTexas
Code FIFinance Code
This text of Texas § 273.106 (VACANCY.) is published on Counsel Stack Legal Research, covering Texas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Tex. Finance Code Code Ann. § 273.106 (2026).
Text
Sec. 273.106. VACANCY.
(a)The office of a director becomes vacant on the death, resignation, or removal of the director.
(b)A resignation must be presented to the commissioner or the board's presiding officer.
(c)A vacancy in the office of a director shall be filled for the unexpired term by majority vote of the remaining directors.
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Legislative History
Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.
Nearby Sections
15
§ 273.001
SHORT TITLE.§ 273.002
PURPOSES; LIBERAL CONSTRUCTION.§ 273.003
DEFINITIONS.§ 273.004
EXEMPTION FROM SECURITIES ACT.§ 273.102
BOARD OF DIRECTORS.§ 273.103
EXECUTIVE COMMITTEE.§ 273.104
TERM.§ 273.105
BOARD OFFICERS AND PERSONNEL.§ 273.106
VACANCY.§ 273.107
REMOVAL OF BOARD MEMBER.§ 273.108
CONFLICT OF INTEREST.§ 273.110
MEETINGS.Cite This Page — Counsel Stack
Bluebook (online)
Texas § 273.106, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/FI/273.106.