Texas Insurance Code Chapter 942 > Subchapter D – Operation, Powers, and Duties of Exchange


§ 942.151	Subscriber Liability for Certain Contingent Premiums
§ 942.152	Subscriber Limited Liability Based On Certain Minimum Capital and Surplus
§ 942.153	Prior Authority Not Affected
§ 942.154	Statements Relating to Indemnity Amounts
§ 942.155	Financial Requirements
§ 942.156	Issuance of Fidelity and Surety Bond Insurance; Deposit Required
§ 942.157	Transactions Between Certain Insurers and Affiliated Exchanges
§ 942.158	Advances of Money by Attorney in Fact
§ 942.159	Violation by Attorney in Fact of Requirements Regarding Indemnity Contracts; Criminal Penalty

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Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
Comptroller: means the state comptroller of public accounts. See Texas Government Code 312.011
Contract: A legal written agreement that becomes binding when signed.
Escrow: Money given to a third party to be held for payment until certain conditions are met.
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.
Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
Power of attorney: A written instrument which authorizes one person to act as another's agent or attorney. The power of attorney may be for a definite, specific act, or it may be general in nature. The terms of the written power of attorney may specify when it will expire. If not, the power of attorney usually expires when the person granting it dies. ^{Source: OCC}
sworn: includes affirm or affirmed. See Texas Government Code 312.011
Written: includes any representation of words, letters, symbols, or figures. See Texas Government Code 311.005
Year: means 12 consecutive months. See Texas Government Code 311.005

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