Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 140.001 - Definitions In this chapter:
(1) "Covered individual" means an individual entitled to benefits described by Section 140.002.(2) "Payor of benefits" or "payor" means an issuer of a plan providing benefits described by Section 140.002 that:(A) pays benefits to or on behalf of a covered individual as a result of personal injuries to the covered individual caused by the tortious conduct of a third party; and(B) has a contractual right of subrogation described by Section 140.004.Tex. Civ. Prac. and Rem. Code § 140.001
Added by Acts 2013, 83rd Leg. - Regular Session, ch. 180,Sec. 1, eff. 1/1/2014.