Texas Statutes
§ 882.054 — INITIAL BOARD OF DIRECTORS; TERM.
Texas § 882.054
JurisdictionTexas
Code INInsurance Code
This text of Texas § 882.054 (INITIAL BOARD OF DIRECTORS; TERM.) 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. § 882.054 (2026).
Text
Sec. 882.054. INITIAL BOARD OF DIRECTORS; TERM. An initial director named as provided in Section 882.052 serves until:
(1)the first annual election of directors;
(2)the initial director's successor qualifies for office; or
(3)the initial director is removed from the board for improper practices.
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Legislative History
Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.
Nearby Sections
15
§ 882.002
EXAMINATION OF COMPANY.§ 882.003
ANNUAL STATEMENT.§ 882.051
AUTHORITY TO FORM COMPANY; PURPOSE.§ 882.053
COMPANY'S NAME.§ 882.054
INITIAL BOARD OF DIRECTORS; TERM.§ 882.055
UNENCUMBERED SURPLUS REQUIREMENTS.§ 882.056
APPLICATION FOR CHARTER.§ 882.057
APPLICATION PROCESS.§ 882.058
ACTION ON APPLICATION.§ 882.059
EXAMINATION AFTER DETERMINATION.§ 882.151
BOARD OF DIRECTORS.§ 882.152
ADOPTION OF INITIAL BYLAWS.Cite This Page — Counsel Stack
Bluebook (online)
Texas § 882.054, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/IN/882.054.