Texas Insurance Code Chapter 801 > Subchapter A – General Provisions
Current as of: 2024 | Check for updates
|
Other versions
| § 801.001 | Definitions |
| § 801.002 | Exemption for Certain Fraternal Benefit Societies |
Terms Used In Texas Insurance Code Chapter 801 > Subchapter A - General Provisions
- 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.
- Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.