Compensation of Directors

Tex. Insurance Code § 842.152, under Chapter 842.

Tex. Insurance Code § 842.152

Sec. 842.152. COMPENSATION OF DIRECTORS. A director of a group hospital service corporation may not receive compensation for the director's services but is entitled to receive reimbursement for reasonable and necessary expenses incurred in attending a meeting called to manage or direct the affairs of the corporation. Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.