™Your Policy Risk Impact Agent
386 chapters · 7,822 sections in this title.
Tex. Insurance Code § 226.051 Definitions
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Sec. 226.051. DEFINITIONS. In this subchapter: (1) "Affiliate" means, with respect to an insured, a person or entity that controls, is controlled by, or is under common control with the insured. (2) "Affiliated group" means a group of entities whose members are all affiliated. (3…
Tex. Insurance Code § 226.052 Applicability of Subchapter
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Sec. 226.052. APPLICABILITY OF SUBCHAPTER. This subchapter applies to an insured who procures an independently procured insurance contract for any risk in which this state is the home state of the insured. Added by Acts 2003, 78th Leg., ch. 1274, Sec. 1, eff. April 1, 2005. Amend…
Tex. Insurance Code § 226.053 Tax Imposed; Rate
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Sec. 226.053. TAX IMPOSED; RATE. (a) A tax is imposed on each insured at the rate of 4.85 percent of the premium paid for the insurance contract procured in accordance with Section 226.052. (b) If an independently procured insurance policy covers risks or exposures only partially…
Tex. Insurance Code § 226.054 Tax Payment By Certain Insureds
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Sec. 226.054. TAX PAYMENT BY CERTAIN INSUREDS. (a) Except as provided by Section 226.055, the tax imposed by this subchapter is due and payable not later than: (1) May 15 after the end of the calendar year in which the insurance was procured, continued, or renewed; or (2) another…