§ 885.501 Discontinuation of Business by Domestic Fraternal Benefit Society
§ 885.502 Initiation of Proceedings for Termination of Domestic Fraternal Benefit Society
§ 885.503 Issuance of Injunction and Appointment of Receiver
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Terms Used In Texas Insurance Code Chapter 885 > Subchapter K - Termination of Fraternal Benefit Society

  • Annual percentage rate: The cost of credit at a yearly rate. It is calculated in a standard way, taking the average compound interest rate over the term of the loan so borrowers can compare loans. Lenders are required by law to disclose a card account's APR. Source: FDIC
  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Injunction: An order of the court prohibiting (or compelling) the performance of a specific act to prevent irreparable damage or injury.
  • Trial: A hearing that takes place when the defendant pleads "not guilty" and witnesses are required to come to court to give evidence.
  • Year: means 12 consecutive months. See Texas Government Code 311.005