Texas Insurance Code 842.259 – Use of Indemnity Plan Authorized
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Terms Used In Texas Insurance Code 842.259
- 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.
A group hospital service corporation may provide benefits for medical care, surgical care, or both medical and surgical care on the basis of indemnity payments for incurred expenses.