Texas Insurance Code

§ 228.257 — TRANSFERABILITY OF CREDIT

IN § 228.257Title 3. DEPARTMENT FUNDS, FEES, SURCHARGES, AND TAXES · Part B. INSURANCE PREMIUM TAXES · Ch. 228. PREMIUM TAX CREDIT FOR CERTAIN INVESTMENTS · Art. F. PREMIUM TAX CREDIT

Statute text

View on source

(a)A certified investor may transfer or assign premium tax credits only in compliance with the rules adopted under Section 228.052.

(b)The transfer or assignment of a premium tax credit does not affect the schedule for taking the premium tax credit under this chapter.

Legislative history

Added by Acts 2007, 80th Leg., R.S., Ch. 730 (H.B. 2636), Sec. 1B.001, eff. April 1, 2009.