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386 chapters · 7,822 sections in this title.
Tex. Insurance Code § 842.151 Board of Directors
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Sec. 842.151. BOARD OF DIRECTORS. (a) Each group hospital service corporation is governed by a board of directors that has full control over its management affairs. (b) A board of directors must be composed of at least 12 but not more than 20 directors. A majority of the director…
Tex. Insurance Code § 842.152 Compensation of Directors
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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 …
Tex. Insurance Code § 842.153 Board Meetings
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Sec. 842.153. BOARD MEETINGS. The board of directors of a group hospital service corporation may not meet more frequently than once a month. A meeting may not last more than five days. Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.
Tex. Insurance Code § 842.154 Bond Requirements For Certain Officers and Employees
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Sec. 842.154. BOND REQUIREMENTS FOR CERTAIN OFFICERS AND EMPLOYEES. (a) Each group hospital service corporation shall post a bond for the officer or employee responsible for the handling of the corporation's money. The bond must be: (1) issued by a surety company licensed by the …