§ 156.501 Recovery Fund
§ 156.502 Funding
§ 156.503 Statute of Limitations
§ 156.504 Procedure for Recovery
§ 156.505 Recovery Limits
§ 156.506 Revocation or Suspension of License for Payment From Recovery Fund
§ 156.507 Subrogation
§ 156.508 Failure to Comply With Subchapter or Rule Adopted by the Finance Commission

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Terms Used In Texas Finance Code Chapter 156 > Subchapter F - Recovery Fund

  • Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
  • 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.
  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
  • Mortgage loan: A loan made by a lender to a borrower for the financing of real property. Source: OCC
  • 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
  • Probate: Proving a will
  • Property: means real and personal property. See Texas Government Code 311.005
  • Rule: includes regulation. See Texas Government Code 311.005
  • sworn: includes affirm or affirmed. See Texas Government Code 312.011
  • Written: includes any representation of words, letters, symbols, or figures. See Texas Government Code 311.005