Tex.
Occ. Code Section 1304.002
Definitions
(1)
“Administrator” means a person, other than the provider of the service contract or an employee of the provider, who is responsible for the third-party administration of a service contract.(2)
“Commission” means the Texas Commission of Licensing and Regulation.(3)
Repealed by Acts 2003, 78th Leg., ch. 816, Sec. 13.010(1); Acts 2003, 78th Leg., ch. 1276, Sec. 14A.337(a).(4)
“Consumer” means an individual who, for a purpose other than resale, buys tangible personal property that is:(A)
distributed in commerce; and(B)
normally used for personal, family, or household purposes and not for business or research purposes.(5)
“Department” means the Texas Department of Licensing and Regulation.(5-a)
“Executive director” means the executive director of the department.(6)
“Person” means an individual or an association, company, corporation, partnership, or other group.(7)
“Provider” means a person who is contractually obligated to a service contract holder under the terms of a service contract.(8)
“Reimbursement insurance policy” means a policy of insurance issued to a provider to:(A)
reimburse the provider under a service contract the provider issued or sold; or(B)
pay on behalf of the provider all covered contractual obligations that are incurred by the provider under a service contract the provider issued or sold and that the provider does not perform.(8-a)
“Seller” means a person, other than the provider or administrator of a service contract, who markets, sells, offers to sell, negotiates, or issues a service contract to a consumer on behalf of a provider, but who is not contractually obligated to a service contract holder under the terms of a service contract.(9)
“Service contract holder” means a person who purchases or otherwise holds a service contract.
Source:
Section 1304.002 — Definitions, https://statutes.capitol.texas.gov/Docs/OC/htm/OC.1304.htm#1304.002 (accessed Apr. 29, 2024).
