Texas Finance Code Chapter 397 – Debt Cancellation Agreements for Certain Vehicle Leases
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Terms Used In Texas Finance Code Chapter 397 - Debt Cancellation Agreements for Certain Vehicle Leases
- Court: means and includes:
(1) a county court in the exercise of its probate jurisdiction;
(2) a court created by statute and authorized to exercise original probate jurisdiction; and
(3) a district court exercising original probate jurisdiction in a contested matter. See Texas Estates Code 22.007 - Decedent: A deceased person.
- Embezzlement: In most states, embezzlement is defined as theft/larceny of assets (money or property) by a person in a position of trust or responsibility over those assets. Embezzlement typically occurs in the employment and corporate settings. Source: OCC
- Estate: means a decedent's property, as that property:
(1) exists originally and as the property changes in form by sale, reinvestment, or otherwise;
(2) is augmented by any accretions and other additions to the property, including any property to be distributed to the decedent's representative by the trustee of a trust that terminates on the decedent's death, and substitutions for the property; and
(3) is diminished by any decreases in or distributions from the property. See Texas Estates Code 22.012 - Heir: means a person who is entitled under the statutes of descent and distribution to a part of the estate of a decedent who dies intestate. See Texas Estates Code 22.015
- Person: includes a natural person and a corporation. See Texas Estates Code 22.027
- Personal property: All property that is not real property.
- Probate: Proving a will
- Recess: A temporary interruption of the legislative business.
- Service of process: The service of writs or summonses to the appropriate party.
- Statute: A law passed by a legislature.
- Testator: A male person who leaves a will at death.
- Trustee: A person or institution holding and administering property in trust.