Texas § IN.462.004 - GENERAL DEFINITIONS
Full text of Texas The Texas Constitution § IN.462.004 — GENERAL DEFINITIONS, with citation guidance and answers to common questions.
§ IN.462.004. GENERAL DEFINITIONS
GENERAL DEFINITIONS. In this chapter: (1) "Affiliate" means a person who, directly or indirectly, through one or more intermediaries, controls, is controlled by, or is under common control with an impaired insurer on December 31 of the year preceding the date the insurer becomes an impaired insurer. (2) "Association" means the Texas Property and Casualty Insurance Guaranty Association. (3) "Board" means the board of directors of the association. (4) "Claimant" means an insured making a first-party claim or a person instituting a liability claim. (5) "Impaired insurer" means a member insurer that is subject to a final, nonappealable order of liquidation that includes a finding of insolvency issued by a court of competent jurisdiction in this state or in the insurer's state of domicile. (6) "Member insurer" means an insurer, including a stock insurance company, a mutual insurance company, a Lloyd's plan, a reciprocal or interinsurance exchange, and a county mutual insurance company, that: (A) writes any kind of insurance to which this chapter applies under Sections 462.007 and 462.008 , including reciprocal or interinsurance exchange contracts; and (B) holds a certificate of authority to engage in the business of insurance in this state. (7) "Person" means an individual, corporation, partnership, association, or voluntary organization. Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017 ), Sec. 1, eff. April 1, 2007. Amended by: Acts 2019, 86th Leg., R.S., Ch. 343 (S.B. 1063 ), Sec. 1, eff. September 1, 2019.
Frequently Asked Questions About Texas § IN.462.004
What does The Texas Constitution § IN.462.004 cover?
Section IN.462.004 ("GENERAL DEFINITIONS") is part of the The Texas Constitution, the codified statutory law of Texas. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Texas § IN.462.004?
A common citation format is "The Texas Constitution § IN.462.004" (Texas). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Texas law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Texas official source linked on this page or consult a licensed Texas attorney.
How does Texas § IN.462.004 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Texas can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Texas.