Texas Insurance Code

§ 804.003 — FEES

IN § 804.003Title 6. ORGANIZATION OF INSURERS AND RELATED ENTITIES · Part A. GENERAL PROVISIONS APPLICABLE TO INSURERS AND RELATED ENTITIES · Ch. 804. SERVICE OF PROCESS · Art. A. GENERAL PROVISIONS

Statute text

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A fee collected under this chapter shall be deposited to the credit of the Texas Department of Insurance operating account for use by the department. The department shall use the money for payment of salaries and other expenses arising from the:

(1)examination of insurance companies;

(2)licensure of insurance companies; and

(3)investigation of violations of the insurance laws of this state.

Legislative history

Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.