Sec. 2204.001. DEFINITIONS  


Latest version.
  • In this chapter:

    (1) "Directors" means the board of directors of the exchange.

    (2) "Exchange" means the Texas Insurance Exchange.

    (3) "Member" means a person, firm, corporation, or underwriting syndicate authorized by the directors to insure or reinsure risks through the exchange.

Added by Acts 2005, 79th Leg., Ch. 727 , Sec. 2, eff. April 1, 2007.