Texas Insurance Codes 2054.101

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§ 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. History: Added by Acts 2005, 79th Leg., ch. 727, section 2, eff. April 1, 2007.

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