§ 52.051 Bond Required
§ 52.052 Beneficiary of Bond; Claim Against Bond
§ 52.053 Cash Deposit Instead of Bond

Terms Used In Texas Business and Commerce Code Chapter 52 > Subchapter B - Financial Requirements of Invention Developers

  • Federal Deposit Insurance Corporation: A government corporation that insures the deposits of all national and state banks that are members of the Federal Reserve System. Source: OCC
  • 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.
  • Fraud: Intentional deception resulting in injury to another.