Sec. 2054.055. VACANCIES. (a) The governor shall fill a vacancy in the appointed board members by appointment with the advice and consent of the senate.
(b) A vacancy in the elected board members shall be filled as provided by the company's bylaws.
(c) If a vacancy occurs before the date the vacating member's term expires, the successor member shall be appointed or elected for a term that expires on the same date as the vacating member's term.
Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 2, eff. April 1, 2007.
Structure Texas Statutes
Title 10 - Property and Casualty Insurance
Subtitle E - Workers' Compensation Insurance
Chapter 2054 - Texas Mutual Insurance Company
Subchapter B. Board of Directors
Section 2054.051. Board of Directors; Composition
Section 2054.052. Qualifications
Section 2054.053. Presiding Officer; Other Officers
Section 2054.056. Grounds for Removal
Section 2054.057. Procedures for Removal