Board of Directors Meeting Summary

On December 14, 2021, the Surplus Lines Stamping Office of Texas held their Audit & Finance 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 and discussion over the Year-to-Date Financial Updates.  

The committee also discussed and passed motions regarding the approval of previous meeting minutes.  

On December 15, 2021, the Stamping Office Board of Directors held their final 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 member, approval of previous board minutes, Finance & Audit committee discussions regarding the YTD Financial update, Executive Director update, Operations Department update, 2022 proposed meeting dates, Bidding and Procurement Committee Draft Policy Submission, and an Executive session followed by final open session and adjournment.   

The Board of Directors also discussed and passed motions regarding the approval of previous meeting minutes, Cyber Liability insurance updates, proposed 2022 meeting dates, and executive session items.  

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.