Texas Insurance Code Chapter 2553 – Foreign or Alien Corporations
Current as of: 2024 | Check for updates
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§ 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.