Texas Insurance Code
§ 887.052 — AMENDMENT OF BYLAWS
IN § 887.052Title 6. ORGANIZATION OF INSURERS AND RELATED ENTITIES · Part E. MUTUAL AND FRATERNAL COMPANIES AND RELATED ENTITIES · Ch. 887. PROVISIONS APPLICABLE TO CERTAIN MUTUAL ASSESSMENT COMPANIES · Art. B. GENERAL POWERS AND DUTIES; OFFICERS AND DIRECTORS
Statute text
View on source(a)A majority of an association's members present at a regular meeting or at a meeting called for the purpose may amend the association's bylaws.
(b)An association shall mail to all members notice of any regular or special meeting at which amendments to bylaws will be considered. The notice must contain:
(1)a complete copy of the proposed amendments; and
(2)a fair explanation of the intent and effect of the proposed amendments.
(c)An amendment must be ratified by the association's board of directors.
(d)An association shall file with the department, in the same manner provided for filing bylaws under Section 887.051, an amendment adopted by the association. An amendment is not effective unless approved by the department.
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Legislative history
Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.