Board of Directors Meeting Summary

On December 9, 2020, 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, review of the 4Q YTD financials, and discussion over meeting dates for 2021.

The following day, the Stamping Office Board of Directors held their final meeting of the year. The meeting was held via teleconference and most members were in attendance. The board discussed various topics on the agenda including approval of previous board minutes, report on 4Q YTD financials discussed at the F&A Committee meeting, SLTX updates, insurance review for 2021, review of the Headspring IT Department Training SOW, review of the 2021 Headspring SOW Amendments, discussion over meeting dates for 2021, and new subcommittee’s and their appointments.

The Board of Directors also discussed and passed motions regarding the approval of previous meeting minutes as well as discussion and approval of presented insurance reviews for 2021, Headspring IT Department Training SOW, Headspring SOW Amendments for 2021, and new subcommittees and their 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.