Texas Insurance Code Chapter 6003 > Subchapter B – Powers and Duties of Commissioner,
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Terms Used In Texas Insurance Code Chapter 6003 > Subchapter B - Powers and Duties of Commissioner,
- 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
- 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
- Rule: includes regulation. See Texas Government Code 311.005