Tex. Ins. Code § 1601.055

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 1601.055 - Identification of Administrative Costs in Bids

A system shall include in its respective bid documents for the various coverages a provision calling for each bidder to identify the system's administrative costs as a distinguishable figure and to enumerate the services the bidder will render in exchange for the administrative costs.

Tex. Ins. Code § 1601.055

Added by Acts 2001, 77th Leg., ch. 1419, Sec. 3, eff. 6/1/2003.