Texas Statutes (Last Updated: January 4, 2014) |
INSURANCE CODE |
Title 6. ORGANIZATION OF INSURERS AND RELATED ENTITIES |
Subtitle F. FARM AND COUNTY MUTUAL INSURANCE COMPANIES |
Chapter 912. COUNTY MUTUAL INSURANCE COMPANIES |
Subchapter B. ORGANIZATION OF COUNTY MUTUAL INSURANCE COMPANY; DIRECTORS |
Sec. 912.052. ELIGIBILITY OF BOARD OF DIRECTORS; TERM
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(a) An individual is eligible to serve as a director of a county mutual insurance company if the individual is a policyholder who maintains insurance coverage in the amount of at least $1,000 written by the company on the individual's property.
(b) Except as otherwise provided by the company's bylaws, a director serves for a term of one year or until the director's successor qualifies for office.
Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.