Texas Insurance Code 961.255 – Limitations On Benefits
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Terms Used In Texas Insurance Code 961.255
- Contract: A legal written agreement that becomes binding when signed.
- 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 contract for legal services and a benefit certificate issued by a nonprofit legal services corporation may limit:
(1) the types and extent of benefits; and
(2) the circumstances under which legal services are provided.