Board of Directors Meeting Summary

On September 22, 2021, the Surplus Lines Stamping Office of Texas held their Audit & Finance Committee meeting pursuance to section 2(c)(10) of SLTX’s Plan of Operation. The committee discussed agenda topics including approval of the previous meeting minutes, discussion over the Year-to-Date Financial Updates, and discussion over the proposed 2022 budget.

The committee also discussed and passed motions regarding the approval of previous meeting minutes as well as the proposed 2022 budget.

On September 23, 2021, the Stamping Office Board of Directors held their fourth meeting of the year. The meeting was held in person and via teleconference. The board discussed various topics on the agenda including approval of previous board minutes, Insurance policies, Executive Director update, Operations Department update, IT Department update, Finance & Audit committee discussions regarding the YTD Financial update, and the 2022 Budget.

The Board of Directors also discussed and passed motions regarding the approval of previous meeting minutes, Insurance policies, Headspring SOW, and the 2022 budget.

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 Audit & Finance 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.