Texas Insurance Code
§ 228.301 — ANNUAL REVIEW BY COMPTROLLER
IN § 228.301Title 3. DEPARTMENT FUNDS, FEES, SURCHARGES, AND TAXES · Part B. INSURANCE PREMIUM TAXES · Ch. 228. PREMIUM TAX CREDIT FOR CERTAIN INVESTMENTS · Art. G. ENFORCEMENT
Statute text
View on source(a)The comptroller shall conduct an annual review of each certified capital company to:
(1)ensure that the company:
(A)continues to satisfy the requirements of this chapter; and
(B)has not made any investment in violation of this chapter; and
(2)determine the eligibility status of the company's qualified investments.
(b)Each certified capital company shall pay the cost of the annual review according to a reasonable fee schedule adopted by the comptroller.
Legislative history
Added by Acts 2007, 80th Leg., R.S., Ch. 730 (H.B. 2636), Sec. 1B.001, eff. April 1, 2009.