Texas Insurance Code 1131.452 – Eligible Debtors
Current as of: 2024 | Check for updates
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Terms Used In Texas Insurance Code 1131.452
- Property: means real and personal property. See Texas Government Code 311.005
All individuals who become borrowers, or purchasers of securities, merchandise, or other property, under an agreement to pay the borrowed amount or to pay the balance of the price of the securities, merchandise, or other property purchased, are eligible for insurance under the policy.