Sec. 2054.101.  GENERAL POWERS OF BOARD.  The board has full authority over the company and may:
(1)  perform any act necessary or convenient to administer the company or in connection with the company's insurance business; and
(2)  function in all aspects as the governing body of a domestic mutual insurance company.
Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 2, eff. April 1, 2007.