Sec. 463.054. ELIGIBILITY TO SERVE AS PUBLIC REPRESENTATIVE. To be eligible to serve as a public representative, an individual may not:
(1) be an officer, director, or employee of an insurer, insurance agency, agent, broker, solicitor, adjuster, or other business entity regulated by the department;
(2) be a person required to register under Chapter 305, Government Code; or
(3) be related within the second degree by affinity or consanguinity to a person described by Subdivision (1) or (2).
Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 1, eff. April 1, 2007.
Structure Texas Statutes
Title 4 - Regulation of Solvency
Subtitle D - Guaranty Associations
Chapter 463 - Texas Life and Health Insurance Guaranty Association
Subchapter B. Governance of and Participation in Association
Section 463.051. Purpose and Regulation of Association
Section 463.052. Required Participation in Association
Section 463.053. Board of Directors
Section 463.054. Eligibility to Serve as Public Representative
Section 463.055. Term; Vacancy
Section 463.056. Compensation of Board Members
Section 463.057. Financial Statement of Board Member