Tex. Ins. Code § 271.005 · Chapter 271. TITLE INSURANCE MAINTENANCE FEES
MAXIMUM RATE; ANNUAL ADJUSTMENT.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) The rate of assessment set by the commissioner may not exceed one percent of the gross premiums subject to assessment under Section 271.006.
(b) The commissioner shall annually adjust the rate of assessment of the maintenance fee so that the fee imposed that year, together with any unexpended funds produced by the fee, produces the amount the commissioner determines is necessary to pay the expenses during the succeeding year of regulating title insurance.
Notes and commentary — not statutory text
History
Added by Acts 2003, 78th Leg., ch. 1274, Sec. 1, eff. April 1, 2005.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/IN/htm/IN.271.htm
- Text hash
- sha256 8f512ef5528b96fd137ec4065c57122f15e24ed838b86482b1da6e4bb833de20
- 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
This section cites
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