Tex. Ins. Code § 841.063

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 841.063 - Organization Meeting
(a) After receipt of the certified copy of documents under Section 841.061(c), the incorporators shall promptly call a meeting of the domestic insurance company's shareholders. The shareholders shall:
(1) adopt bylaws to govern the company; and
(2) elect the company's initial board of directors.
(b) The directors elected under this section serve until directors are first elected under Section 841.153.

Tex. Ins. Code § 841.063

Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. 6/1/2003.