§ 2551.251 Statutory Premium Reserve Required
§ 2551.252 Amounts Added to Reserve for Calendar Year 1997; Reductions
§ 2551.253 Amounts Added to Reserve for Calendar Years After 1997; Reductions
§ 2551.254 Transitional Release; Transitional Charge
§ 2551.255 Runoff Balance
§ 2551.256 Actuarial Certification
§ 2551.257 Supplemental Reserve
§ 2551.258 Reevaluation of Certain Reserve Requirements
§ 2551.259 Statutory Premium Reserve and Supplemental Reserve Fund
§ 2551.260 Effect of Insolvency or Dissolution
§ 2551.261 Reserve for Unpaid Losses and Loss Expenses

Terms Used In Texas Insurance Code Chapter 2551 > Subchapter F - Reserves

  • Appraisal: A determination of property value.
  • Effects: includes all personal property and all interest in that property. See Texas Government Code 312.011
  • 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.
  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
  • Property: means real and personal property. See Texas Government Code 311.005
  • Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
  • Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.
  • Signed: includes any symbol executed or adopted by a person with present intention to authenticate a writing. See Texas Government Code 311.005
  • Week: means seven consecutive days. See Texas Government Code 311.005
  • Written: includes any representation of words, letters, symbols, or figures. See Texas Government Code 311.005
  • Year: means 12 consecutive months. See Texas Government Code 311.005