Texas Insurance Code Chapter 703 > Subchapter C – Expenses of Antifraud Action
Current as of: 2024 | Check for updates
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Other versions
§ 703.101 | Determination of Expenses |
§ 703.102 | Deduction or Offset for Expenses; Reimbursement |
§ 703.103 | Assignment of Deduction or Offset |
§ 703.104 | Treatment of Deduction or Offset as Admitted Asset |
Terms Used In Texas Insurance Code Chapter 703 > Subchapter C - Expenses of Antifraud Action
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
- Contract: A legal written agreement that becomes binding when signed.
- Deposition: An oral statement made before an officer authorized by law to administer oaths. Such statements are often taken to examine potential witnesses, to obtain discovery, or to be used later in trial.
- 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
- Property: means real and personal property. See Texas Government Code 311.005
- Signed: includes any symbol executed or adopted by a person with present intention to authenticate a writing. See Texas Government Code 311.005