Texas Transportation Code

§ 1006.152 — REFUNDS

TN § 1006.152Title 7. VEHICLES AND TRAFFIC · Part M. DEPARTMENT OF MOTOR VEHICLES · Ch. 1006. MOTOR VEHICLE CRIME PREVENTION AUTHORITY · Art. D. FINANCIAL PROVISIONS

Statute text

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(a)The authority may make determinations regarding the sufficiency of payments made by an insurer of fees collected under Section 1006.153.

(b)Pursuant to a determination made under Subsection (a), the authority may:

(1)notify the comptroller that payments made by an insurer are sufficient; and

(2)request the comptroller to draw warrants on the funds available to the authority for the purpose of refunding money to an insurer.

(c)The authority shall make the determination under this section as follows:

(1)the two members of the authority who are representatives of insurance companies writing motor vehicle insurance in this state shall recuse themselves; and

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Legislative history

Acts 2021, 87th Leg., R.S., Ch. 276 (H.B. 3514), Sec. 13, eff. September 1, 2021.