Texas Insurance Code
§ 225.010 — TAX ABSORPTION AND REBATES PROHIBITED
IN § 225.010Title 3. DEPARTMENT FUNDS, FEES, SURCHARGES, AND TAXES · Part B. INSURANCE PREMIUM TAXES · Ch. 225. SURPLUS LINES INSURANCE PREMIUM TAX
Statute text
View on source(a)A surplus lines agent may not absorb the tax imposed by this chapter.
(b)A surplus lines agent may not rebate all or part of the tax or the agent's commission as an inducement for insurance or for any other reason.
Legislative history
Added by Acts 2003, 78th Leg., ch. 1274, Sec. 1, eff. April 1, 2005.