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Terms Used In Texas Insurance Code 1601.306

  • Remainder: An interest in property that takes effect in the future at a specified time or after the occurrence of some event, such as the death of a life tenant.

The chief executive officer of a component, unit, or agency of a system shall appoint to the system’s advisory committee an employee of the component, unit, or agency to fill the remainder of a vacated term of a member who is an employee of the component, unit, or agency.