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Terms Used In Texas Insurance Code 556.001

  • Person: includes corporation, organization, government or governmental subdivision or agency, business trust, estate, trust, partnership, association, and any other legal entity. See Texas Government Code 311.005

In this chapter:
(1) “Affiliate” means a person who, directly or indirectly or through one or more intermediaries, controls or is controlled by another person or is under common control with another person.
(2) “Depository institution” has the meaning assigned by § 4001.003.