Sec. 462.055.  TERM; VACANCY.  (a)  A board member serves a term established by the plan of operation.
(b)  The remaining board members, by majority vote, shall fill a vacancy on the board for the unexpired term of a director who serves as an insurance industry board member, subject to the commissioner's approval.  The commissioner shall appoint a director to fill a vacancy on the board for the unexpired term of a director who serves as a public representative.
Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 1, eff. April 1, 2007.
Amended by: 
Acts 2019, 86th Leg., R.S., Ch. 343 (S.B. 1063), Sec. 2, eff. September 1, 2019.