Texas Insurance Code 961.302 – Agreement of Contracting Attorneys
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Terms Used In Texas Insurance Code 961.302
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
The contracting attorneys shall:
(1) guarantee to the participants the services stated under the participants’ benefit certificates, except as provided by Section 961.254; and
(2) agree to perform without cost to the participants, other than the money of the nonprofit legal services corporation held for the participants’ benefit under the corporation’s plan of operation, services described by the benefit certificates.
