Sec. 885.056. ASSEMBLY MEETINGS; DIRECTORS. (a) An assembly that is the supreme governing body of a fraternal benefit society shall:
(1) meet at least once every four years; and
(2) elect a board of directors to conduct the business of the society between meetings of the assembly.
(b) A vacancy on the board of directors that occurs between elections may be filled in the manner prescribed by the fraternal benefit society's laws.
Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.
Structure Texas Statutes
Title 6 - Organization of Insurers and Related Entities
Subtitle E - Mutual and Fraternal Companies and Related Entities
Chapter 885 - Fraternal Benefit Societies
Subchapter B. Structure of Fraternal Benefit Society
Section 885.051. Fraternal Benefit Society Defined
Section 885.052. Control of Fraternal Benefit Society
Section 885.053. Lodge System Defined
Section 885.054. Representative Form of Government Defined
Section 885.055. Assembly as Supreme Governing Body
Section 885.056. Assembly Meetings; Directors
Section 885.057. Board as Supreme Governing Body
Section 885.058. Board Members; Meetings
Section 885.059. Location of Meetings of Supreme Governing Body
Section 885.060. Fraternal Benefit Society's Laws Binding
Section 885.061. Amendment of Fraternal Benefit Society's Laws