SUBCHAPTER D. MANAGEMENT OF MUTUAL LIFE INSURANCE COMPANY
Sec. 882.151. BOARD OF DIRECTORS. (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.
Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.