Sec. 2210.3512. REQUIREMENT FOR VOTE ON RATE FILING. The board of directors may not vote on a proposed rate increase if:
(1) there is a vacancy on the board; and
(2) the vacancy has existed for at least 60 days at the time the vote is to be taken.
Added by Acts 2021, 87th Leg., R.S., Ch. 639 (H.B. 769), Sec. 1, eff. September 1, 2021.