Texas Insurance Code Chapter 2203 > Subchapter A – General Provisions
Current as of: 2024 | Check for updates
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§ 2203.001 | Short Title |
§ 2203.002 | Definitions |
§ 2203.003 | Immunity |
§ 2203.004 | Applicability of Other Law |
§ 2203.005 | Relationship to Surplus Lines Insurance |
Terms Used In Texas Insurance Code Chapter 2203 > Subchapter A - General Provisions
- Comptroller: means the state comptroller of public accounts. See Texas Government Code 312.011
- 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.
- Interest rate: The amount paid by a borrower to a lender in exchange for the use of the lender's money for a certain period of time. Interest is paid on loans or on debt instruments, such as notes or bonds, either at regular intervals or as part of a lump sum payment when the issue matures. Source: OCC
- 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
- Signed: includes any symbol executed or adopted by a person with present intention to authenticate a writing. See Texas Government Code 311.005
- Written: includes any representation of words, letters, symbols, or figures. See Texas Government Code 311.005