Texas Insurance Code

§ 259.001 — DEFINITIONS

IN § 259.001Title 3. DEPARTMENT FUNDS, FEES, SURCHARGES, AND TAXES · Part C. INSURANCE MAINTENANCE TAXES AND SURCHARGES · Ch. 259. THIRD-PARTY ADMINISTRATORS

Statute text

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In this chapter:

(1)"Administrative or service fees" means all consideration, fees, assessments, payments, reimbursements, dues, and other compensation received for services as an administrator during a calendar year. The term does not include sales commissions.

(2)"Administrator" has the meaning assigned by Section 4151.001.

Legislative history

Added by Acts 2003, 78th Leg., ch. 1274, Sec. 1, eff. April 1, 2005.