Inapplicability of Certain Laws To Premiums

Tex. Insurance Code § 2004.007, under Residential Property Insurance In Underserved Areas.

Tex. Insurance Code § 2004.007

Sec. 2004.007. INAPPLICABILITY OF CERTAIN LAWS TO PREMIUMS. The premium for an insurance policy written under this chapter is not: (1) subject to tax under Chapter 221; and (2) considered net direct premiums under Section 2210.003(7). Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 2, eff. April 1, 2007.