Sec. 941.001. DEFINITIONS. In this chapter:
(1) "Affiliate" has the meaning described by Section 823.003.
(2) "Attorney in fact" means an attorney in fact authorized under a power of attorney to act for the underwriters of a Lloyd's plan.
(3) "Lloyd's plan" means an entity engaged in the business of writing insurance on the Lloyd's plan.
(4) "Underwriter" means an individual, partnership, or association of individuals that writes insurance on the Lloyd's plan.
Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.
Structure Texas Statutes
Title 6 - Organization of Insurers and Related Entities
Subtitle G - Lloyd's Plan and Reciprocal and Interinsurance Exchanges
Subchapter A. General Provisions
Section 941.002. Lloyd's Plan Insurance Authorized; Life Insurance Prohibited
Section 941.003. Limited Exemption From Insurance Laws; Application of Certain Laws