Sec. 281.051. DEFINITIONS

Latest version.

In this subchapter:
(1) "Domestic insurer" and "foreign insurer" have the meanings assigned by Section 281.001.
(2) "Penalty or other obligation" includes a sanction, fine, financial, deposit, or regulatory requirement, and any other obligation, prohibition, or restriction.

Added by Acts 2003, 78th Leg., ch. 1274, Sec. 1, eff. April 1, 2005.

                    
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