Terms Used In Texas Insurance Code Chapter 1954 > Subchapter D - Personal Automobile Insurance

• Board: means the governing body of a district. See Texas Water Code 49.001
• Commission: means the Texas Natural Resource Conservation Commission. See Texas Water Code 49.001
• 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.
• District: means any district or authority created by authority of either Sections Texas Water Code 49.001
• Escrow: Money given to a third party to be held for payment until certain conditions are met.
• Lien: A claim against real or personal property in satisfaction of a debt.
• Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
• 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
• Population: means the population shown by the most recent federal decennial census. See Texas Government Code 311.005
• Property: means real and personal property. See Texas Government Code 311.005
• Succeeding: means immediately following. See Texas Government Code 312.011
• United States: includes a department, bureau, or other agency of the United States of America. See Texas Government Code 311.005
• Year: means 12 consecutive months. See Texas Government Code 311.005