Texas Insurance Code 1954.001 – Definitions
Terms Used In Texas Insurance Code 1954.001
- 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.
- Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
In this chapter:
(1) “Digital network” means any online-enabled application, software, website, or system offered or used by a transportation network company that enables a prearranged ride with a transportation network company driver.
(2) “Personal vehicle” means a vehicle that is used by a transportation network company driver and is:
(A) owned, leased, or otherwise authorized for use by the driver; and
(B) not a taxicab, limousine, or similar for-hire vehicle.
(3) “Prearranged ride” means transportation provided by a transportation network company driver to a transportation network company rider, beginning at the time a driver accepts a ride requested by a rider through a digital network controlled by a transportation network company and ending at the time the last requesting rider departs from the driver’s personal vehicle. The term does not include:
(A) a shared expense carpool or vanpool arrangement or service; or
(B) transportation provided using a taxicab, limousine, or similar for-hire vehicle.
(4) “Transportation network company” means a corporation, partnership, sole proprietorship, or other entity operating in this state that uses a digital network to connect a transportation network company rider to a transportation network company driver for a prearranged ride.
(5) “Transportation network company driver” means an individual who:
(A) receives connections to potential transportation network company riders and related services from a transportation network company in exchange for payment of a fee to the company; and
(B) uses a personal vehicle to offer or provide a prearranged ride to a transportation network company rider on connection with the rider through a digital network controlled by the company in exchange for compensation or payment of a fee.
(6) “Transportation network company rider” means an individual who uses a transportation network company’s digital network to connect with a transportation network company driver who provides a prearranged ride to the individual in the driver’s personal vehicle between points chosen by the individual.