Collection of Surcharge After Withdrawal From Business

Tex. Labor Code § 403.004, under Division Financing.

Tex. Labor Code § 403.004

Sec. 403.004. COLLECTION OF SURCHARGE AFTER WITHDRAWAL FROM BUSINESS. The commissioner or the commissioner of insurance immediately shall proceed to collect surcharges due under this chapter from an insurance carrier that withdraws from business in this state, using legal process as necessary. Acts 1993, 73rd Leg., ch. 269, Sec. 1, eff. Sept. 1, 1993. Amended by: Acts 2005, 79th Leg., Ch. 265 (H.B. 7), Sec. 3.012, eff. September 1, 2005. Acts 2025, 89th Leg., R.S., Ch. 358 (S.B. 1455), Sec. 18, eff. January 1, 2026.