{"data":{"id":"us-tx/tex.-insurance-code-942.001","jurisdiction":"us-tx","citation":"Tex. Insurance Code § 942.001","heading":"DEFINITIONS.","body":"In this chapter:\n(1) \"Attorney in fact\" means an individual, firm, or corporation who, under a power of attorney or other appropriate authorization of the attorney in fact, acts for subscribers of an exchange by issuing reciprocal or interinsurance contracts.\n(2) \"Exchange\" means a reciprocal or interinsurance exchange and includes the office through which a reciprocal or interinsurance contract is exchanged.\n(3) \"Reciprocal or interinsurance contract\" means an insurance policy or other contract that provides indemnity among a group of subscribers for certain losses.\n(4) \"Subscriber\" means an individual, partnership, or corporation who, through an attorney in fact, enters into a reciprocal or interinsurance contract.\nAdded by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.","path":["INSURANCE CODE","TITLE 6. ORGANIZATION OF INSURERS AND RELATED ENTITIES","SUBTITLE G. LLOYD'S PLAN AND RECIPROCAL AND INTERINSURANCE EXCHANGES","CHAPTER 942. RECIPROCAL AND INTERINSURANCE EXCHANGES","SUBCHAPTER A. GENERAL PROVISIONS"],"source_url":"https://statutes.capitol.texas.gov/Docs/IN/htm/IN.942.htm#942.001","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:21Z","sha256":"1cf343598d7320aed710728aec55fc2f82e2aecf85a0e856cc9e1e6b24c362da","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-insurance-code-941.702","next":"us-tx/tex.-insurance-code-942.002"},"notice":"GroundRules: Original legal text. Not legal advice."}