Texas Insurance Code Chapter 2551 > Subchapter E – Required Deposit
Current as of: 2024 | Check for updates
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Other versions
§ 2551.201 | Deposit Required; Amount |
§ 2551.202 | Exception: Foreign Title Insurance Company |
§ 2551.203 | Withdrawal and Substitution of Deposit |
§ 2551.204 | Use of Deposit |
Terms Used In Texas Insurance Code Chapter 2551 > Subchapter E - Required Deposit
- Contract: A legal written agreement that becomes binding when signed.
- Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
- Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
- 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
- Property: means real and personal property. See Texas Government Code 311.005
- United States: includes a department, bureau, or other agency of the United States of America. See Texas Government Code 311.005
- Written: includes any representation of words, letters, symbols, or figures. See Texas Government Code 311.005