Texas Insurance Code Chapter 2551 > Subchapter A – General Provisions
Current as of: 2024 | Check for updates
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Other versions
| § 2551.001 | Applicability of Title and Other Law |
| § 2551.002 | Applicability of Law Governing Corporations |
| § 2551.003 | Rulemaking; Authority of Department and Commissioner |
Terms Used In Texas Insurance Code Chapter 2551 > Subchapter A - General Provisions
- 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.
- Escrow: Money given to a third party to be held for payment until certain conditions are met.
- 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
- Personal property: All property that is not real property.
- Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
- Signed: includes any symbol executed or adopted by a person with present intention to authenticate a writing. See Texas Government Code 311.005
- Statute: A law passed by a legislature.
- Succeeding: means immediately following. See Texas Government Code 312.011
- Year: means 12 consecutive months. See Texas Government Code 311.005