|Chapter 81||Work and Family Policies||81.001 – 81.008|
|Chapter 82||Discharge of Liability Under Certain Employee Benefit Plans||82.001 – 82.005|
Terms Used In Texas Labor Code > Title 2 > Subtitle D
- 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.
- 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
- Foreclosure: A legal process in which property that is collateral or security for a loan may be sold to help repay the loan when the loan is in default. Source: OCC
- Legatee: A beneficiary of a decedent
- Probate: Proving a will