Tex. Ins. Code § 1575.451 · Subchapter J. ACCOUNTING, REPORTS, AND RECORDS
ANNUAL ACCOUNTING.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) In this section, "plan year" means the period beginning on September 1 and ending on the following August 31.
(b) Group coverage purchased under this chapter must provide for an accounting to the trustee by each carrier providing the coverage.
(c) The accounting must be submitted:
(1) not later than the 90th day after the last day of each plan year; and
(2) on a form approved by the trustee.
(d) Each carrier shall prepare any other report that the trustee considers necessary.
(e) A carrier may not assess an extra charge for an accounting report.
Notes and commentary — not statutory text
History
Added by Acts 2001, 77th Leg., ch. 1419, Sec. 3, eff. June 1, 2003. Amended by Acts 2003, 78th Leg., ch. 1276, Sec. 10A.451, eff. Sept. 1, 2003.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/IN/htm/IN.1575.htm
- Text hash
- sha256 60b88c66bbb0a07bb55d7cd56907a853b97a575fd7d7f58033d207b5e7fb55fb
- Composed by
- compose_tx.py 2026-10-05: the Legislative Council's chapter files read in document order; verify_tx.py's independent reading (lxml DOM walk) agrees character for character
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.