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Tex. Insurance Code § 884.153

ELECTION OF DIRECTORS

Texas · Texas Insurance Code · Status: effective

Elections & Government Ethics
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Tex. Insurance Code § 884.153, ELECTION OF DIRECTORS, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/679986
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(a) On the second Tuesday of April of each year the shareholders of a stipulated premium company shall meet at the company's home office and shall elect the company's board of directors to serve one-year terms beginning immediately after the election. (b) If the shareholders do not elect directors at that meeting, the shareholders may elect the directors at a special shareholders' meeting called for that purpose.