§ 397.001 Definitions
§ 397.002 Applicability
§ 397.003 Relationship to Insurance
§ 397.004 Limitation On Certain Debt Cancellation Agreements
§ 397.005 Debt Cancellation Agreements Exclusion Language
§ 397.006 Required Debt Cancellation Agreement Language
§ 397.007 Additional Requirements for Debt Cancellation Agreements
§ 397.008 Refund for Debt Cancellation Agreements
§ 397.009 Enforcement

Terms Used In Texas Finance Code Chapter 397 - Debt Cancellation Agreements for Certain Vehicle Leases

  • Court: means and includes:
    (1) a county court in the exercise of its probate jurisdiction;
    (2) a court created by statute and authorized to exercise original probate jurisdiction; and
    (3) a district court exercising original probate jurisdiction in a contested matter. See Texas Estates Code 22.007
  • Decedent: A deceased person.
  • Embezzlement: In most states, embezzlement is defined as theft/larceny of assets (money or property) by a person in a position of trust or responsibility over those assets. Embezzlement typically occurs in the employment and corporate settings. Source: OCC
  • Estate: means a decedent's property, as that property:
    (1) exists originally and as the property changes in form by sale, reinvestment, or otherwise;
    (2) is augmented by any accretions and other additions to the property, including any property to be distributed to the decedent's representative by the trustee of a trust that terminates on the decedent's death, and substitutions for the property; and
    (3) is diminished by any decreases in or distributions from the property. See Texas Estates Code 22.012
  • Heir: means a person who is entitled under the statutes of descent and distribution to a part of the estate of a decedent who dies intestate. See Texas Estates Code 22.015
  • Person: includes a natural person and a corporation. See Texas Estates Code 22.027
  • Personal property: All property that is not real property.
  • Probate: Proving a will
  • Recess: A temporary interruption of the legislative business.
  • Service of process: The service of writs or summonses to the appropriate party.
  • Statute: A law passed by a legislature.
  • Testator: A male person who leaves a will at death.
  • Trustee: A person or institution holding and administering property in trust.