Texas Insurance Code Chapter 2651 > Subchapter C – Bond and Deposit Requirements
Current as of: 2024 | Check for updates
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Other versions
§ 2651.101 | Bond Required |
§ 2651.102 | Alternative to Bond |
§ 2651.103 | Examination of Loss Covered by Bond or Deposit |
§ 2651.104 | Investigation by Attorney General |
Terms Used In Texas Insurance Code Chapter 2651 > Subchapter C - Bond and Deposit Requirements
- Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
- Embezzlement: In most states, embezzlement is defined as theft/larceny of assets (money or property) by a person in a position of trust or responsibility over those assets. Embezzlement typically occurs in the employment and corporate settings. Source: OCC
- Fraud: Intentional deception resulting in injury to another.
- Lien: A claim against real or personal property in satisfaction of a debt.
- 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.
- 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