§ 823.401 Prohibition of Indirect Action for Controlled Insurer
§ 823.402 Prohibition On Voting Certain Securities
§ 823.403 Management of Controlled Insurer
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Terms Used In Texas Insurance Code Chapter 823 > Subchapter I - Limitations Relating to Controlled Insurers

  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
  • 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
  • Property: means real and personal property. See Texas Government Code 311.005
  • Quorum: The number of legislators that must be present to do business.
  • Rule: includes regulation. See Texas Government Code 311.005