§ 842.151 Board of Directors
§ 842.152 Compensation of Directors
§ 842.153 Board Meetings
§ 842.154 Bond Requirements for Certain Officers and Employees
§ 842.155 Treasurer’s Bond
§ 842.156 Compensation of Certain Officers and Employees
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Terms Used In Texas Insurance Code Chapter 842 > Subchapter D - Board of Directors; Personnel

  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Fee simple: Absolute title to property with no limitations or restrictions regarding the person who may inherit it.
  • Month: means a calendar month. See Texas Government Code 312.011
  • Property: means real and personal property. See Texas Government Code 311.005