28 Tex. Admin. Code § 3.1703

Current through Reg. 49, No. 44; November 1, 2024

Section 3.1703 - Definitions

In this subchapter, the following terms have the meanings assigned by Insurance Code § 1111A.002, unless the context clearly indicates otherwise:

(1) advertisement;

(2) broker;

(3) business of life settlements;

(4) insured;

(5) life expectancy;

(6) life insurance agent;

(7) life settlement contract;

(8) net death benefit;

(9) owner;

(10) person;

(11) policy;

(12) premium finance loan;

(13) provider;

(14) purchaser; and

(15) settled policy.

28 Tex. Admin. Code § 3.1703

The provisions of this §3.1703 adopted to be effective August 1, 2013, 38 TexReg 4357