Texas Insurance Code Chapter 403 > Subchapter A – Payment of Dividends
Current as of: 2024 | Check for updates
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Other versions
| § 403.001 | Limitation On Dividends |
| § 403.002 | Dividends to Policyholders in Commercial Lines |
Terms Used In Texas Insurance Code Chapter 403 > Subchapter A - Payment of Dividends
- 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
- Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
- Property: means real and personal property. See Texas Government Code 311.005