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.