Texas Insurance Code Chapter 887 > Subchapter C – Authority to Engage in Business
Current as of: 2024 | Check for updates
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Other versions
| § 887.101 | Certificate of Authority Required |
| § 887.102 | Exempt Association; Permit |
| § 887.103 | Refusal of Certificate of Authority or Permit |
| § 887.104 | Refusal or Removal for Unworthiness of Public Trust |
Terms Used In Texas Insurance Code Chapter 887 > Subchapter C - 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.
- in writing: includes any representation of words, letters, or figures, whether by writing, printing, or other means. See Texas Government Code 312.011
- 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
- Year: means 12 consecutive months. See Texas Government Code 311.005