Tex. Insurance Code § 861.055
ORGANIZATIONAL MEETING
Texas · Texas Insurance Code · Status: effective
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- Tex. Insurance Code § 861.055, ORGANIZATIONAL MEETING, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/679741
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Full text
(a) After receiving a certified copy of the articles of incorporation under Section 861.052, a general casualty company shall promptly call a meeting of the company's shareholders.
(b) At the meeting the shareholders shall:
(1) adopt bylaws to govern the company; and
(2) elect a board of directors composed of shareholders of the company.