Tex. Insurance Code § 651.005: DEPOSIT AND USE OF FEES.
Where this section sits in the code
- INSURANCE CODE
- TITLE 5. PROTECTION OF CONSUMER INTERESTS
- SUBTITLE E. PREMIUM FINANCING
- CHAPTER 651. FINANCING OF INSURANCE PREMIUMS
- SUBCHAPTER A. GENERAL PROVISIONS
(a) Except as provided by Subsection (b), each fee collected under this chapter:
(1) shall be deposited to the credit of the Texas Department of Insurance operating account; and
(2) may be used by the department to enforce this chapter.
(b) An assessment or fee associated with examination costs, as defined by Section 401.251, shall be deposited to the account described by Section 401.156(a).
Added by Acts 2003, 78th Leg., ch. 1274, Sec. 2, eff. April 1, 2005.
Amended by:
Acts 2011, 82nd Leg., R.S., Ch. 659 (S.B. 1291), Sec. 4, eff. September 1, 2011.
Collected 2026-08-27T01:47:21Z. Source file · JSON