§ 885.151 Applicability to Certain Fraternal Benefit Societies Continuously Authorized to Engage in Business
§ 885.152 Eligibility to Provide Benefits
§ 885.153 Filing of Articles of Incorporation or Association
§ 885.154 Name of Fraternal Benefit Society
§ 885.155 Purposes of Fraternal Benefit Society
§ 885.156 Surety Bond
§ 885.157 Issuance of Preliminary Certificate of Authority
§ 885.158 Powers and Duties Under Preliminary Certificate of Authority; Qualification
§ 885.159 Termination of Authority Under Preliminary Certificate of Authority
§ 885.160 Issuance of Certificate of Authority
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Terms Used In Texas Insurance Code Chapter 885 > Subchapter D - Authority to Engage in Business

  • 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.
  • Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
  • 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.
  • 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
  • sworn: includes affirm or affirmed. See Texas Government Code 312.011
  • Year: means 12 consecutive months. See Texas Government Code 311.005