Tex. Ins. Code § 281.008 · Subchapter A. RETALIATORY TAXES AND OTHER CHARGES
RECIPROCITY AGREEMENTS.
Text — Current through the 89th 2nd Called Legislative Session, 2025
The comptroller by rule may enter into a reciprocity agreement with another state under which the parties agree to mutually set aside retaliatory provisions in situations in which this state and the other state determine that retaliation is not the preferred approach to protect their domestic insurers from excessive taxation or other financial obligations. In adopting rules under this section, the comptroller may not adopt a rule that does not specifically implement this section.
Notes and commentary — not statutory text
History
Added by Acts 2007, 80th Leg., R.S., Ch. 932 (H.B. 3315), Sec. 16, eff. June 15, 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.281.htm
- Text hash
- sha256 10837b69b3d938386156be47de79375cf1b156148f169d07df16d8d11f85e685
- 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.