Sec. 885.058. BOARD MEMBERS; MEETINGS. (a) The term of a member of a board that is the supreme governing body of a fraternal benefit society may not exceed four years.
(b) A vacancy on the board that occurs between elections may be filled in the manner prescribed by the fraternal benefit society's laws. An individual filling the unexpired term of an elected board member is considered to be an elected member.
(c) A board shall meet at least annually to conduct the business of the fraternal benefit society.
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