Texas Insurance Code Chapter 404 > Subchapter B – Impairment of Stock or Surplus
Current as of: 2024 | Check for updates
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Other versions
| § 404.051 | Impairment Prohibited |
| § 404.052 | Determination of Impairment |
| § 404.053 | Remedy for Impairment |
Terms Used In Texas Insurance Code Chapter 404 > Subchapter B - Impairment of Stock or Surplus
- Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
- Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
- Year: means 12 consecutive months. See Texas Government Code 311.005