Tex. Ins. Code § 548.002 · Subchapter A. GENERAL PROVISIONS
DEFINITIONS.
Text — Current through the 89th 2nd Called Legislative Session, 2025
In this chapter:
(1) "Domestic stock insurer" includes a domestic title insurance company regulated by Title 11 and a stipulated premium company regulated by Chapter 884.
(2) "Equity security" means:
(A) a stock or similar security;
(B) a security that:
(i) is convertible, with or without consideration, into an equity security; or
(ii) carries a warrant or right to subscribe to or purchase an equity security;
(C) a warrant or right to subscribe to or purchase an equity security; or
(D) any other security defined as an equity security in accordance with Section 548.004(a)(1).
(3) "Federal Securities Exchange Act" means the Securities Exchange Act of 1934 (15 U.S.C. Section 77b et seq.), as amended.
(4) "Officer" means:
(A) a president, vice president, treasurer, actuary, secretary, or controller of a domestic stock insurer; or
(B) any other person who performs for a domestic stock insurer the functions of an officer described by Paragraph (A).
(5) "Person" means an individual, corporation, partnership, association, joint-stock company, business trust, or unincorporated organization.
Notes and commentary — not statutory text
History
Added by Acts 2003, 78th Leg., ch. 1274, Sec. 2, eff. April 1, 2005.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/IN/htm/IN.548.htm
- Text hash
- sha256 5db5f6d3f8d564a079638f9b216e23b734083b4f85c6c983bbabb436b31916db
- Composed by
- compose_tx.py 2026-10-05: the Legislative Council's chapter files read in document order; verify_tx.py's independent reading (lxml DOM walk) agrees character for character
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Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.