Tex. Ins. Code § 271.005

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 271.005 - Maximum Rate; Annual Adjustment
(a) The rate of assessment set by the commissioner may not exceed one percent of the gross premiums subject to assessment under Section 271.006.
(b) The commissioner shall annually adjust the rate of assessment of the maintenance fee so that the fee imposed that year, together with any unexpended funds produced by the fee, produces the amount the commissioner determines is necessary to pay the expenses during the succeeding year of regulating title insurance.

Tex. Ins. Code § 271.005

Added by Acts 2003, 78th Leg., ch. 1274, Sec. 1, eff. 4/1/2005.