Texas Statutes (Last Updated: January 4, 2014) |
INSURANCE CODE |
Title 11. TITLE INSURANCE |
Subtitle C. FINANCIAL SOLVENCY |
Chapter 2602. TEXAS TITLE INSURANCE GUARANTY ASSOCIATION |
Subchapter B. GOVERNANCE OF TEXAS TITLE INSURANCE GUARANTY ASSOCIATION |
Sec. 2602.054. TERM; VACANCY
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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 serve more than one term.
(b) A member shall serve until a successor is appointed.
(c) If a member other than a public representative ceases to be an officer or employee of a title insurance company or agent, the member's office becomes vacant.
(d) The commissioner shall appoint an individual to fill a vacancy on the board for the unexpired term.
Added by Acts 2003, 78th Leg., ch. 1274, Sec. 6, eff. April 1, 2005.