Board of Directors Meeting Summary

On March 30, 2023, the Surplus Lines Stamping Office of Texas held their Finance & Audit Committee meeting pursuance to code 2(c)(10) of SLTX’s Plan of Operation. The committee discussed agenda topics including approval of the previous meeting minutes, discussion regarding the 2022 Annual Financial Audit Review, 2023 Finance YTD update, Reserve Balance review, Investment and Cash Management Policy Annual Review, Annual Stamping Fee analysis, and reviewal of SLTX Annual Report.

On March 31, 2023, the Stamping Office Board of Directors held their first annual meeting of the year. The meeting was held in person and via teleconference. The board discussed various topics on the agenda including welcome of the newest board members, approval of previous board minutes, Finance & Audit committee discussions, Annual Plan of Operation review, Executive Director update, Operations Department update, IT Department update, Legislative Update, and the Election of 2022 officers and their committee appointments.

This is a broad summary of the meeting and not intended to reflect official meeting minutes or detail the scope of any actions taken by the board. Once minutes are reviewed and approved by the Board, they will be added to the website under board minutes.

The dates for the next Finance & Audit Committee meeting and Board of Directors meeting are to be announced. As always, board meetings are available to the public, and information will be posted as they are announced.