Texas Insurance Code

§ 846.059 — FEES; SERVICE OF PROCESS

IN § 846.059Title 6. ORGANIZATION OF INSURERS AND RELATED ENTITIES · Part C. LIFE, HEALTH, AND ACCIDENT INSURERS AND RELATED ENTITIES · Ch. 846. MULTIPLE EMPLOYER WELFARE ARRANGEMENTS · Art. B. FORMATION AND STRUCTURE OF MULTIPLE EMPLOYER WELFARE ARRANGEMENTS

Statute text

View on source

(a)Each multiple employer welfare arrangement shall pay to the department in the amount set by the commissioner:

(1)an application fee for an initial certificate of authority;

(2)an application fee for a final certificate of authority; and

(3)a filing fee for submission of the arrangement's annual statement.

(b)The commissioner shall set the fees described by Subsection (a) in amounts reasonable and necessary to defray the costs of administering this chapter.

(c)Each multiple employer welfare arrangement shall appoint the commissioner as its resident agent for purposes of service of process. The fee for that service is $50, payable at the time of appointment.

…

Legislative history

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