Texas Insurance Code 941.053 – Deputy or Substitute Attorney in Fact
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Terms Used In Texas Insurance Code 941.053
- Contract: A legal written agreement that becomes binding when signed.
An appointed deputy attorney in fact or substitute attorney in fact for an attorney in fact holding a certificate of authority under this chapter and accepting powers of attorney from underwriters is authorized by the certificate of authority to:
(1) issue or make a policy or contract of insurance; and
(2) perform any other act incident to issuing or making a policy or contract of insurance.