Tex. Insurance Code § 557.001: DEFINITIONS.
Where this section sits in the code
- INSURANCE CODE
- TITLE 5. PROTECTION OF CONSUMER INTERESTS
- SUBTITLE C. DECEPTIVE, UNFAIR, AND PROHIBITED PRACTICES
- CHAPTER 557. INSURED PROPERTY SUBJECT TO SECURITY INTEREST
- SUBCHAPTER A. INSURANCE PROCEEDS HELD BY LENDER PENDING REPAIR OF RESIDENTIAL REAL PROPERTY
In this subchapter:
(1) "Lender" means a person holding a mortgage, lien, deed of trust, or other security interest in property.
(2) "Residential real property" means:
(A) a single-family house;
(B) a duplex, triplex, or quadraplex; or
(C) a unit in a multi-unit residential structure in which title to an individual unit is transferred to the owner of the unit under a condominium or cooperative system.
Added by Acts 2003, 78th Leg., ch. 1274, Sec. 2, eff. April 1, 2005.
Collected 2026-08-27T01:47:21Z. Source file · JSON