Tex. Insurance Code § 3503.001
DEFINITION
Texas · Texas Insurance Code · Status: effective
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- Citation
- Tex. Insurance Code § 3503.001, DEFINITION, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/685250
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Full text
In this subchapter, "obligation" means a bond, undertaking, recognizance, guaranty, or other obligation that is by law or by a charter, ordinance, or rule of a municipality, board, body, organization, court, or public officer required or permitted to be made, given, tendered, or filed to guarantee the performance of an act, duty, or obligation or the refraining from an act.