§ 127A.001 Definitions
§ 127A.002 Disclosure Regarding Temporary Subcontractor Indemnification Obligations and Insurance Coverage Requirements
§ 127A.003 Disclosure Requirements for Ongoing Insurance Policy
§ 127A.004 Notice Required for Certain Changes Related to Insurance Policy

Terms Used In Texas Civil Practice and Remedies Code Chapter 127A - Disclosures Regarding Indemnification Obligations and Insurance Coverage Regarding Well or Mine Services Provided by Certain Subcontractors

  • Appraisal: A determination of property value.
  • Fair market value: The price at which an asset would change hands in a transaction between a willing, informed buyer and a willing, informed seller.
  • Indemnification: In general, a collateral contract or assurance under which one person agrees to secure another person against either anticipated financial losses or potential adverse legal consequences. Source: FDIC
  • Oversight: Committee review of the activities of a Federal agency or program.
  • Tort: A civil wrong or breach of a duty to another person, as outlined by law. A very common tort is negligent operation of a motor vehicle that results in property damage and personal injury in an automobile accident.
  • Venue: The geographical location in which a case is tried.