{"data":{"id":"us-tx/tex.-insurance-code-271.005","jurisdiction":"us-tx","citation":"Tex. Insurance Code § 271.005","heading":"MAXIMUM RATE; ANNUAL ADJUSTMENT.","body":"(a) The rate of assessment set by the commissioner may not exceed one percent of the gross premiums subject to assessment under Section 271.006.\n(b) The commissioner shall annually adjust the rate of assessment of the maintenance fee so that the fee imposed that year, together with any unexpended funds produced by the fee, produces the amount the commissioner determines is necessary to pay the expenses during the succeeding year of regulating title insurance.\nAdded by Acts 2003, 78th Leg., ch. 1274, Sec. 1, eff. April 1, 2005.","path":["INSURANCE CODE","TITLE 3. DEPARTMENT FUNDS, FEES, SURCHARGES, AND TAXES","SUBTITLE D. TITLE INSURANCE MAINTENANCE FEES","CHAPTER 271. TITLE INSURANCE MAINTENANCE FEES"],"source_url":"https://statutes.capitol.texas.gov/Docs/IN/htm/IN.271.htm#271.005","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:21Z","sha256":"ed1d12c1f1ae8f26b2565aecf41d54cb716b2c901d724362ca67505c8b570a11","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-insurance-code-271.004","next":"us-tx/tex.-insurance-code-271.006"},"notice":"GroundRules: Original legal text. Not legal advice."}
