Sec. 883.056. BOARD OF DIRECTORS. (a) The board of directors named in a mutual insurance company's articles of incorporation shall manage the company until the initial meeting of the members of the company. (b) After a mutual insurance company is issued a certificate of authority, the company's board of directors may: (1) adopt bylaws; (2) accept applications for insurance; and (3) transact the business of the company. Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.
Board of Directors
Tex. Insurance Code § 883.056, under Chapter 883.
Tex. Insurance Code § 883.056