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Tex. Insurance Code § 883.056

BOARD OF DIRECTORS

Texas · Texas Insurance Code · Status: effective

Government Administration
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Tex. Insurance Code § 883.056, BOARD OF DIRECTORS, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/679928
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(a) The board of directors named in a mutual insurance company's articles of incorporation shall manage the company until the initial meeting of the members of the company. (b) After a mutual insurance company is issued a certificate of authority, the company's board of directors may: (1) adopt bylaws; (2) accept applications for insurance; and (3) transact the business of the company.