Texas Insurance Code Chapter 545 > Subchapter O – Sanctions; Penalties; Injunctions
Current as of: 2024 | Check for updates
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Other versions
| § 545.701 | Sanctions |
| § 545.702 | Civil Action; Penalty |
| § 545.703 | Criminal Penalty |
Terms Used In Texas Insurance Code Chapter 545 > Subchapter O - Sanctions; Penalties; Injunctions
- Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
- Defendant: In a civil suit, the person complained against; in a criminal case, the person accused of the crime.
- Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
- 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
- sworn: includes affirm or affirmed. See Texas Government Code 312.011