Texas Insurance Code Chapter 558 – Refund of Unearned Premium
Current as of: 2023 | Check for updates
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§ 558.001 | Definition |
§ 558.002 | Applicability of Chapter; Refund of Unearned Premium |
§ 558.003 | Rules and Guidelines |
§ 558.004 | Effect On Insurance Premium Finance Company |
Terms Used In Texas Insurance Code Chapter 558 - Refund of Unearned Premium
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). 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.
- Property: means real and personal property. See Texas Government Code 311.005
- Written: includes any representation of words, letters, symbols, or figures. See Texas Government Code 311.005