Texas Insurance Code 1251.001 – Definitions
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Terms Used In Texas Insurance Code 1251.001
- 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.
In this chapter:
(1) “Blanket accident and health insurance” means accident, health, or accident and health insurance covering a group described by Subchapter H.
(2) “Group accident and health insurance” means accident, health, or accident and health insurance covering a group described by Subchapter B.
(3) “Group hospital service corporation” means a corporation operating under Chapter 842.