§ 2602.051 Association as Legal Entity; Supervision; Membership
§ 2602.052 Board of Directors
§ 2602.053 Eligibility to Serve as Public Representative
§ 2602.054 Term; Vacancy
§ 2602.055 Compensation of Board Members
§ 2602.057 Rights of Title Insurance Company With Representative On Board
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Terms Used In Texas Insurance Code Chapter 2602 > Subchapter B - Governance of Texas Title Insurance Guaranty Association

  • Appeal: A request made after a trial, asking another court (usually the court of appeals) to decide whether the trial was conducted properly. To make such a request is "to appeal" or "to take an appeal." One who appeals is called the appellant.
  • 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.
  • Justice: when applied to a magistrate, means justice of the peace. See Texas Government Code 312.011
  • Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
  • Property: means real and personal property. See Texas Government Code 311.005
  • 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.
  • Trustee: A person or institution holding and administering property in trust.
  • Year: means 12 consecutive months. See Texas Government Code 311.005