Texas Civil Practice and Remedies Code § 141.002[1/2]
Summary
This section provides definitions for key terms used in the chapter regarding structured settlements. It clarifies what constitutes an annuity issuer and specifies the courts involved in approving structured settlements.
Defines 'annuity issuer' as an insurer for structured settlements.
Identifies the court of original jurisdiction for structured settlements.
Specifies conditions when a court may lose jurisdiction over payment transfers.
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In simple terms: Learn about Texas's DEFINITIONS. In this chapter: law, including definitions, penalties, and legal implications.. This means people must follow this rule, and breaking it can lead to criminal penalties.
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