§ 82.001 Definitions
§ 82.002 Discharge of Liability
§ 82.003 Notice
§ 82.004 Corporation May Transfer Stock Ownership
§ 82.005 Limited Effect

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Terms Used In Texas Labor Code Chapter 82 - Discharge of Liability Under Certain Employee Benefit Plans

  • Beneficiary: A person who is entitled to receive the benefits or proceeds of a will, trust, insurance policy, retirement plan, annuity, or other contract. Source: OCC
  • 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.
  • Legatee: A beneficiary of a decedent
  • Presiding officer: A majority-party Senator who presides over the Senate and is charged with maintaining order and decorum, recognizing Members to speak, and interpreting the Senate's rules, practices and precedents.
  • Trustee: A person or institution holding and administering property in trust.
  • Year: means 12 consecutive months. See Texas Government Code 311.005