Texas Insurance Code § 3503.001 Definition

Sec. 3503.001. DEFINITION. In this subchapter, "obligation" means a bond, undertaking, recognizance, guaranty, or other obligation that is by law or by a charter, ordinance, or rule of a municipality, board, body, organization, court, or public officer required or permitted to be made, given, tendered, or filed to guarantee the performance of an act, duty, or obligation or the refraining from an act.

Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 3, eff. April 1, 2007.

Section: 3503.001  3503.002  3503.003  3503.004  3503.005  3503.051  3503.052  3503.053  3503.054  3503.055  3503.056  3503.057  3503.101  3503.151  3503.152  Next

Last modified: September 28, 2016