Texas Labor Code Chapter 82 – Discharge of Liability Under Certain Employee Benefit Plans
Current as of: 2024 | Check for updates
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§ 82.001 | Definitions |
§ 82.002 | Discharge of Liability |
§ 82.003 | Notice |
§ 82.004 | Corporation May Transfer Stock Ownership |
§ 82.005 | Limited Effect |
Terms Used In Texas Labor Code Chapter 82 - Discharge of Liability Under Certain Employee Benefit Plans
- Beneficiary: A person who is entitled to receive the benefits or proceeds of a will, trust, insurance policy, retirement plan, annuity, or other contract. Source: OCC
- 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.
- Legatee: A beneficiary of a decedent
- Presiding officer: A majority-party Senator who presides over the Senate and is charged with maintaining order and decorum, recognizing Members to speak, and interpreting the Senate's rules, practices and precedents.
- Trustee: A person or institution holding and administering property in trust.
- Year: means 12 consecutive months. See Texas Government Code 311.005