Sec. 4002.054. TERMS; VACANCY. (a) Members of the board serve staggered six-year terms, with as near as possible to one-third of the members' terms expiring January 20 of each odd-numbered year.
(b) The governor shall fill a vacancy on the board for the unexpired term.
Added by Acts 2019, 86th Leg., R.S., Ch. 491 (H.B. 4171), Sec. 1.01, eff. January 1, 2022.
Structure Texas Statutes
Chapter 4002 - State Securities Board and Securities Commissioner
Subchapter B. State Securities Board
Section 4002.051. Appointment of Board
Section 4002.052. Membership Eligibility
Section 4002.053. Membership and Employee Restrictions
Section 4002.054. Terms; Vacancy
Section 4002.055. Presiding Officer