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386 chapters · 7,822 sections in this title.
Tex. Insurance Code § 259.001 Definitions
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Sec. 259.001. DEFINITIONS. In this chapter: (1) "Administrative or service fees" means all consideration, fees, assessments, payments, reimbursements, dues, and other compensation received for services as an administrator during a calendar year. The term does not include sales co…
Tex. Insurance Code § 259.002 Maintenance Tax Imposed
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Sec. 259.002. MAINTENANCE TAX IMPOSED. A maintenance tax is imposed on each authorized administrator with administrative or service fees subject to taxation under Section 259.004. The tax required by this chapter is in addition to other taxes imposed that are not in conflict with…
Tex. Insurance Code § 259.003 Maximum Rate; Annual Adjustment
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Sec. 259.003. MAXIMUM RATE; ANNUAL ADJUSTMENT. (a) The rate of assessment set by the commissioner may not exceed one percent of the administrative or service fees subject to taxation under Section 259.004. (b) The commissioner shall annually adjust the rate of assessment of the m…
Tex. Insurance Code § 259.004 Administrative and Service Fees Subject To Taxation
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Sec. 259.004. ADMINISTRATIVE AND SERVICE FEES SUBJECT TO TAXATION. An administrator shall pay maintenance taxes under this chapter on the administrator's correctly reported administrative or service fees. Added by Acts 2003, 78th Leg., ch. 1274, Sec. 1, eff. April 1, 2005.