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Tex. Insurance Code § 463.055

TERM; VACANCY

Texas · Texas Insurance Code · Status: effective

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Tex. Insurance Code § 463.055, TERM; VACANCY, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/677900
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(a) Board members serve staggered six-year terms, with the terms of three members expiring each odd-numbered year. A member may be reappointed. (b) A board member shall serve until a successor is appointed. (c) If a board member who is an officer or employee of a member insurer ceases to be an officer or employee of the insurer, the member's office becomes vacant. (d) The commissioner shall appoint an individual to fill a vacancy on the board for the unexpired term.