Sec. 887.001. DEFINITIONS. In this chapter:
(1) "Assessment" means any money or thing of value, including premiums, paid in consideration of insurance provided by an insurance certificate.
(2) "Association" means an organization subject to this chapter.
(3) "Insurance certificate" means an insurance policy, contract of insurance, certificate of membership, or other document through which insurance is effected or evidenced.
(4) "Member" includes a certificate holder or any other insured of an association.
(5) "Membership fee" means the amount of the first assessment or assessments placed in the expense fund of an association and representing the cost of soliciting or procuring a member, as permitted by the department.
(6) "Mortuary fund" includes a mortuary fund, relief fund, claim fund, or similar fund.
Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.
Section: 887.001 887.002 887.003 887.004 887.005 887.006 887.007 887.008 887.009 887.051 887.052 887.053 887.054 887.055 887.056 NextLast modified: September 28, 2016