Tex. Insurance Code § 228.202: RELOCATION OF PRINCIPAL BUSINESS OPERATIONS.
Where this section sits in the code
- INSURANCE CODE
- TITLE 3. DEPARTMENT FUNDS, FEES, SURCHARGES, AND TAXES
- SUBTITLE B. INSURANCE PREMIUM TAXES
- CHAPTER 228. PREMIUM TAX CREDIT FOR CERTAIN INVESTMENTS
- SUBCHAPTER E. QUALIFIED BUSINESS
If, before the 90th day after the date a certified capital company makes an investment in a qualified business, the qualified business moves the business's principal business operations from this state, the investment may not be considered a qualified investment for purposes of the percentage requirements under this chapter.
Added by Acts 2007, 80th Leg., R.S., Ch. 730 (H.B. 2636), Sec. 1B.001, eff. April 1, 2009.
Collected 2026-08-27T01:47:21Z. Source file · JSON