Tex. Ins. Code § 651.005

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.

Section 651.005 - Deposit and Use of Fees

(a) Except as provided by Subsection (b), each fee collected under this chapter:

(1) shall be deposited to the credit of the Texas Department of Insurance operating account; and

(2) may be used by the department to enforce this chapter.

(b) An assessment or fee associated with examination costs, as defined by Section 401.251, shall be deposited to the account described by Section 401.156(a).

Tex. Ins. Code § 651.005

Amended By Acts 2011, 82nd Leg., R.S., Ch. 659, Sec. 4, eff. 9/1/2011.

Added by Acts 2003, 78th Leg., ch. 1274, Sec. 2, eff. 4/1/2005.