Texas Insurance Code 1551.057 – Compensation of Person Employed by Board of Trustees
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Terms Used In Texas Insurance Code 1551.057
- Person: includes corporation, organization, government or governmental subdivision or agency, business trust, estate, trust, partnership, association, and any other legal entity. See Texas Government Code 311.005
The board of trustees shall pay the compensation and expenses of a person employed by the board at the rate or in the amount approved by the board. The rate or amount may not exceed the rate or amount paid for similar services.