Texas § 463.055 TERM; VACANCY.

Texas Statutes

§ 463.055 — TERM; VACANCY.

Texas § 463.055

Code INInsurance Code

This text of Texas § 463.055 (TERM; 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. Insurance Code Code Ann. § 463.055 (2026).

Text

Sec. 463.055. TERM; VACANCY.

(a)Board members serve staggered six-year terms, with the terms of three members expiring each odd-numbered year. A member may be reappointed.

(b)A board member shall serve until a successor is appointed.

(c)If a board member who is an officer or employee of a member insurer ceases to be an officer or employee of the insurer, the member's office becomes vacant.

(d)The commissioner shall appoint an individual to fill a vacancy on the board for the unexpired term.

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Sec. 463.055. TERM; VACANCY. (a) Board members serve staggered six-year terms, with the terms of three members expiring each odd-numbered year. A member may be reappointed.
(b) A board member shall serve until a successor is appointed.
(c) If a board member who is an officer or employee of a member insurer ceases to be an officer or employee of the insurer, the member's office becomes vacant.
(d) The commissioner shall appoint an individual to fill a vacancy on the board for the unexpired term.