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Tex. Ins. Code § 861.151

AUTHORITY OF BOARD OF DIRECTORS

Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff

Subject to the bylaws of the company as adopted or amended by the shareholders or directors, the board of directors of a general casualty company has full control and management of the company.

Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.