(a) The board of directors of a mutual life insurance company controls the business of the company.
(b) The board of directors consists of at least five directors as stated in the company's articles of incorporation.
Tex. Ins. Code § 882.151
BOARD OF DIRECTORS
Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff
Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.