§ 6002.051 Administration of Chapter; Rules
§ 6002.052 Adoption of Rules; Standards
§ 6002.053 Rules Restricting Advertising or Competitive Bidding
§ 6002.0531 Rules Requiring Financial Responsibility
§ 6002.054 Fees
§ 6002.055 Deposit in Operating Account
§ 6002.056 Department Records

Terms Used In Texas Insurance Code Chapter 6002 > Subchapter B - Powers and Duties of Commissioner, Department,

  • Comptroller: means the state comptroller of public accounts. See Texas Government Code 312.011
  • Contract: A legal written agreement that becomes binding when signed.
  • 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.
  • Fair market value: The price at which an asset would change hands in a transaction between a willing, informed buyer and a willing, informed seller.
  • Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
  • 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
  • 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.
  • Rule: includes regulation. See Texas Government Code 311.005
  • Statute of limitations: A law that sets the time within which parties must take action to enforce their rights.
  • Year: means 12 consecutive months. See Texas Government Code 311.005