Terms Used In Texas Insurance Code Chapter 2051 > Subchapter C - Policyholder Duties

• Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
• Board: means the governing body of a district. See Texas Water Code 49.001
• Commission: means the Texas Natural Resource Conservation Commission. See Texas Water Code 49.001
• Contract: A legal written agreement that becomes binding when signed.
• Director: means either a supervisor or director appointed or elected to the board. See Texas Water Code 49.001
• District: means any district or authority created by authority of either Sections Texas Water Code 49.001
• Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
• Executive director: means the executive director of the commission. See Texas Water Code 49.001
• Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
• Lien: A claim against real or personal property in satisfaction of a debt.
• Month: means a calendar month. See Texas Government Code 312.011
• Mortgagee: The person to whom property is mortgaged and who has loaned the money.
• Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
• Person: includes corporation, organization, government or governmental subdivision or agency, business trust, estate, trust, partnership, association, and any other legal entity. See Texas Government Code 311.005
• Potable water: means water that has been treated for public drinking water supply purposes. See Texas Water Code 49.001
• Property: means real and personal property. See Texas Government Code 311.005
• Rule: includes regulation. See Texas Government Code 311.005
• Week: means seven consecutive days. See Texas Government Code 311.005
• Written: includes any representation of words, letters, symbols, or figures. See Texas Government Code 311.005
• Year: means 12 consecutive months. See Texas Government Code 311.005