Tex. Ins. Code § 2006.004 · Subchapter A. OPTIONAL PREMIUM DISCOUNT FOR USE OF INSULATING CONCRETE FORM SYSTEM
PREMIUM DISCOUNT; EXCEPTION.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) The commissioner by rule shall establish the premium discount under this subchapter based on sound actuarial principles.
(b) The commissioner may approve a premium discount greater or less than the discount established by rule under Subsection (a) if:
(1) the insurer files the proposed discount with the department; and
(2) the commissioner determines that the proposed discount is actuarially justified.
Notes and commentary — not statutory text
History
Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 2, eff. April 1, 2007.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/IN/htm/IN.2006.htm
- Text hash
- sha256 a0ff4d55216eba077787bee735fb97f8f9aed61be22621c37ffa6b8536c95b96
- 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.