§ 271.002

Tex. Ins. Code § 271.002

Maintenance Fee Imposed

Added by Acts 2003, 78th Leg., ch. 1274

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(a) A maintenance fee is imposed on each insurer with gross premiums subject to assessment under Section 271.006.
(b) The maintenance fee is not a tax and shall be reported and paid separately from premium and retaliatory taxes.

Added by Acts 2003, 78th Leg., ch. 1274, Sec. 1, eff. April 1, 2005.