In this chapter:
- (1) "Domestic stock insurer" includes a domestic title insurance company regulated by Title 11 and a stipulated premium company regulated by Chapter 884.
(2) "Equity security" means:
- (A) a stock or similar security;
(B) a security that:
- (i) is convertible, with or without consideration, into an equity security; or
- (ii) carries a warrant or right to subscribe to or purchase an equity security;
- (C) a warrant or right to subscribe to or purchase an equity security; or
- (D) any other security defined as an equity security in accordance with Section 548.004(a)(1).
- (3) "Federal Securities Exchange Act" means the Securities Exchange Act of 1934 (15 U.S.C. Section 77b et seq.), as amended.
(4) "Officer" means:
- (A) a president, vice president, treasurer, actuary, secretary, or controller of a domestic stock insurer; or
- (B) any other person who performs for a domestic stock insurer the functions of an officer described by Paragraph (A).
- (5) "Person" means an individual, corporation, partnership, association, joint-stock company, business trust, or unincorporated organization.
Added by Acts 2003, 78th Leg., ch. 1274, Sec. 2, eff. April 1, 2005.