Tex. Insurance Code § 841.063
ORGANIZATION MEETING
Texas · Texas Insurance Code · Status: effective
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- Citation
- Tex. Insurance Code § 841.063, ORGANIZATION MEETING, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/679288
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Full text
(a) After receipt of the certified copy of documents under Section 841.061(c), the incorporators shall promptly call a meeting of the domestic insurance company's shareholders. The shareholders shall:
(1) adopt bylaws to govern the company; and
(2) elect the company's initial board of directors.
(b) The directors elected under this section serve until directors are first elected under Section 841.153.