§ 2553.001 Authority to Engage in Business of Title Insurance
§ 2553.002 Capital and Surplus Requirements
§ 2553.003 Taxes and Fees

Terms Used In Texas Insurance Code Chapter 2553 - Foreign or Alien Corporations

  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.