Texas Insurance Code Chapter 861 > Subchapter D – Powers and Duties of General Casualty Company
Current as of: 2024 | Check for updates
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Other versions
| § 861.151 | Authority of Board of Directors |
| § 861.152 | General Powers of Company |
| § 861.153 | Authorized Shares |
| § 861.154 | Dividends |
| § 861.155 | Interference With Conduct of Business Prohibited; Exceptions |
Terms Used In Texas Insurance Code Chapter 861 > Subchapter D - Powers and Duties of General Casualty Company
- 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
- Personal property: All property that is not real property.
- Property: means real and personal property. See Texas Government Code 311.005
- Trustee: A person or institution holding and administering property in trust.
- Week: means seven consecutive days. See Texas Government Code 311.005
- Year: means 12 consecutive months. See Texas Government Code 311.005