Texas Insurance Code Chapter 541 > Subchapter G – Department Action for Refund of Premiums
Current as of: 2023 | Check for updates
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Other versions
§ 541.301 | Refund of Premiums |
§ 541.302 | Time to Make Refunds |
§ 541.303 | Sanction |
§ 541.304 | Evidentiary Use of Compliance or Attempt to Comply |
Terms Used In Texas Insurance Code Chapter 541 > Subchapter G - Department Action for Refund of Premiums
- Defendant: In a civil suit, the person complained against; in a criminal case, the person accused of the crime.
- Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
- Interest rate: The amount paid by a borrower to a lender in exchange for the use of the lender's money for a certain period of time. Interest is paid on loans or on debt instruments, such as notes or bonds, either at regular intervals or as part of a lump sum payment when the issue matures. Source: OCC
- 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
- Rule: includes regulation. See Texas Government Code 311.005
- Venue: The geographical location in which a case is tried.