Texas Insurance Code

§ 861.151 — AUTHORITY OF BOARD OF DIRECTORS

IN § 861.151Title 6. ORGANIZATION OF INSURERS AND RELATED ENTITIES · Part D. CASUALTY COMPANIES · Ch. 861. GENERAL CASUALTY COMPANIES · Art. D. POWERS AND DUTIES OF GENERAL CASUALTY COMPANY

Statute text

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Subject to the bylaws of the company as adopted or amended by the shareholders or directors, the board of directors of a general casualty company has full control and management of the company.

Legislative history

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