Texas Insurance Code

§ 861.053 — PRELIMINARY OFFICERS AND DIRECTORS

IN § 861.053Title 6. ORGANIZATION OF INSURERS AND RELATED ENTITIES · Part D. CASUALTY COMPANIES · Ch. 861. GENERAL CASUALTY COMPANIES · Art. B. FORMATION AND STRUCTURE OF GENERAL CASUALTY COMPANY

Statute text

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The incorporators shall choose from among themselves a president, a secretary, a treasurer, and at least three directors who continue in office until:

(1)the first anniversary of the date the articles of incorporation are filed; and

(2)their successors are chosen and qualify.

Legislative history

Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.