Tex. Ins. Code § 1601.055 · Subchapter B. ADMINISTRATION AND IMPLEMENTATION
IDENTIFICATION OF ADMINISTRATIVE COSTS IN BIDS.
Verbatim from the official edition
Text — Current through the 89th 2nd Called Legislative Session, 2025
A system shall include in its respective bid documents for the various coverages a provision calling for each bidder to identify the system's administrative costs as a distinguishable figure and to enumerate the services the bidder will render in exchange for the administrative costs.
Notes and commentary — not statutory text
History
Added by Acts 2001, 77th Leg., ch. 1419, Sec. 3, eff. June 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.1601.htm
- Text hash
- sha256 3a4ea34166944410fbeaa02ebfaf6e28c954ee1b3c92e92fbe8664f1f372bf3f
- 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.