Legislation
SECTION 7401
Application of article; definitions
Insurance (ISC) CHAPTER 28, ARTICLE 74
§ 7401. Application of article; definitions. (a) This article shall
apply to all corporations, associations, societies, orders, firms, and
individuals to which this chapter is applicable, or which are subject to
examination or supervision by the superintendent under this chapter or
under any other law of this state, or which are doing or attempting to
do or representing that they are doing the business of insurance in this
state, or which are in process of organization for the purpose of or
intending to do such business therein, anything in this chapter or any
other law of this state to the contrary notwithstanding.
(b) In this article:
(1) "insurer" includes all corporations, associations, societies,
orders, firms, and individuals specified in subsection (a) hereof;
(2) "assets" includes all deposits and funds of a special or trust
nature.
apply to all corporations, associations, societies, orders, firms, and
individuals to which this chapter is applicable, or which are subject to
examination or supervision by the superintendent under this chapter or
under any other law of this state, or which are doing or attempting to
do or representing that they are doing the business of insurance in this
state, or which are in process of organization for the purpose of or
intending to do such business therein, anything in this chapter or any
other law of this state to the contrary notwithstanding.
(b) In this article:
(1) "insurer" includes all corporations, associations, societies,
orders, firms, and individuals specified in subsection (a) hereof;
(2) "assets" includes all deposits and funds of a special or trust
nature.