Sec. 462.059. MEETING BY CONFERENCE CALL. (a) Notwithstanding Chapter 551, Government Code, the board may hold an open meeting by telephone conference call. A meeting held by telephone conference call:
(1) must be audible to the public at the location specified in the notice described by Subsection (c); and
(2) must allow two-way audio communication during the entire meeting between the members of the board attending a meeting authorized by this section.
(a-1) If the two-way audio communication required under Subsection (a) is disrupted during a meeting so that a quorum of the board is no longer able to participate, the meeting may not continue until the two-way audio communication is reestablished.
(b) The meeting is subject to the notice requirements that apply to other meetings of the board of directors.
(c) The notice of the meeting must specify the location of the meeting, and each part of the meeting that is required to be open to the public must be audible to the public at that location. The association must make an audio recording of the meeting. The recording of the open portion of the meeting must be posted publicly to the association's Internet website.
Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 1, eff. April 1, 2007.
Amended by:
Acts 2019, 86th Leg., R.S., Ch. 343 (S.B. 1063), Sec. 3, eff. September 1, 2019.
Structure Texas Statutes
Title 4 - Regulation of Solvency
Subtitle D - Guaranty Associations
Chapter 462 - Texas Property and Casualty Insurance Guaranty Association
Subchapter B. Governance of Association
Section 462.051. Association as Legal Entity; Membership
Section 462.052. Board of Directors
Section 462.053. Eligibility to Serve as Public Representative
Section 462.054. Eligibility to Serve as Industry Representative
Section 462.055. Term; Vacancy
Section 462.056. Reimbursement of Board Members
Section 462.057. Financial Statement of Board Member