§ 1251.051 Employers
§ 1251.052 Associations
§ 1251.053 Funds Established by Employers, Labor Unions, or Associations
§ 1251.054 Eligibility for Group Life Insurance
§ 1251.055 Fund for Former Employees and Members
§ 1251.056 Other Groups

Terms Used In Texas Insurance Code Chapter 1251 > Subchapter B - Group Accident and Health Insurance: Eligible Policyholders

  • Contract: A legal written agreement that becomes binding when signed.
  • 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.
  • Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
  • 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
  • Trustee: A person or institution holding and administering property in trust.