§ 103.051 Application Procedure
§ 103.052 Lump-Sum Compensation
§ 103.053 Annuity Compensation Generally; Standard Annuity Payments
§ 103.0535 Alternative Annuity Compensation
§ 103.0536 Designated Beneficiary
§ 103.054 Payment of Certain Tuition and Fees

Terms Used In Texas Civil Practice and Remedies Code Chapter 103 > Subchapter B - Administrative Proceeding

  • Annuity: A periodic (usually annual) payment of a fixed sum of money for either the life of the recipient or for a fixed number of years. A series of payments under a contract from an insurance company, a trust company, or an individual. Annuity payments are made at regular intervals over a period of more than one full year.
  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Beneficiary: A person who is entitled to receive the benefits or proceeds of a will, trust, insurance policy, retirement plan, annuity, or other contract. Source: OCC
  • Comptroller: means the state comptroller of public accounts. See Texas Government Code 312.011
  • Dependent: A person dependent for support upon another.
  • Interest rate: The amount paid by a borrower to a lender in exchange for the use of the lender's money for a certain period of time. Interest is paid on loans or on debt instruments, such as notes or bonds, either at regular intervals or as part of a lump sum payment when the issue matures. Source: OCC
  • Justice: when applied to a magistrate, means justice of the peace. See Texas Government Code 312.011
  • Month: means a calendar month. See Texas Government Code 312.011
  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
  • 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
  • Remainder: An interest in property that takes effect in the future at a specified time or after the occurrence of some event, such as the death of a life tenant.
  • 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