Texas Insurance Code 259.001 – Definitions
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Terms Used In Texas Insurance Code 259.001
- Year: means 12 consecutive months. See Texas Government Code 311.005
In this chapter:
(1) “Administrative or service fees” means all consideration, fees, assessments, payments, reimbursements, dues, and other compensation received for services as an administrator during a calendar year. The term does not include sales commissions.
(2) “Administrator” has the meaning assigned by Section 4151.001.