Section 15.2 - Definitions(a) The definitions in Insurance Code § 981.002 and § 981.071 apply to this chapter.(b) The following words and terms, when used in this chapter, have the following meanings, unless the context clearly indicates otherwise: (1) Client--Any person to whom a surplus lines agent sells or attempts to sell a surplus lines insurance policy, or from whom an application for surplus lines insurance is accepted, or to whom advice and counsel on a surplus lines insurance policy is given for the purpose of selling a surplus lines insurance policy.(2) Commissioner--The Texas Commissioner of Insurance.(3) Comptroller--The office of the Texas Comptroller of Public Accounts.(4) Person--An individual or entity as defined by Insurance Code § 541.002(2).(5) Stamping Office--The Surplus Lines Stamping Office of Texas created under Insurance Code Subchapter D, Chapter 981, and operating under a plan of operation as specified by § 15.201 of this title. The organization is also commonly referred to as a service office by peer offices throughout the country.(6) State--Any state, district, commonwealth, territory, and insular possession of the United States and any area subject to the legislative authority of the United States of America.(7) Surplus lines agent--A person, whether an individual or entity, holding a surplus lines license issued by TDI under Insurance Code Chapter 981.(8) TDI--Texas Department of Insurance.(9) Timely filed--A transaction filed with the stamping office that meets the requirements of Insurance Code § 981.105(a).(10) Untimely filed--A transaction filed with the stamping office that does not meet the requirements of Insurance Code § 981.105(a).28 Tex. Admin. Code § 15.2
The provisions of this §15.2 adopted to be effective December 12, 2000, 25 TexReg 12179; amended to be effective October 21, 2002, 27 TexReg 9773; Adopted by Texas Register, Volume 43, Number 51, December 21, 2018, TexReg 8469, eff. 12/30/2018