Texas Insurance Code 462.055 – Term; Vacancy
Current as of: 2024 | Check for updates
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(a) A board member serves a term established by the plan of operation.
(b) The remaining board members, by majority vote, shall fill a vacancy on the board for the unexpired term of a director who serves as an insurance industry board member, subject to the commissioner’s approval. The commissioner shall appoint a director to fill a vacancy on the board for the unexpired term of a director who serves as a public representative.