Tex. Ins. Code § 401.151 · Subchapter D. EXAMINATION EXPENSES
EXPENSES OF EXAMINATION OF DOMESTIC INSURER.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) A domestic insurer examined on behalf of this state by the department or under the department's authority shall pay the expenses of the examination in an amount the commissioner certifies as just and reasonable.
(b) The department shall collect an assessment at the time of the examination to cover all expenses attributable directly to that examination, including:
(1) the salaries and expenses of department employees; and
(2) expenses described by Section 803.007.
(c) The department shall also impose an annual assessment on domestic insurers in an amount sufficient to meet all other expenses and disbursements necessary to comply with the laws of this state relating to the examination of insurers.
(d) In determining the amount of the assessment under Subsection (c), the department:
(1) shall consider:
(A) the insurer's total annual premium receipts or admitted assets, or both, that are not attributable to 90 percent of pension plan contracts as defined by Section 818(a), Internal Revenue Code of 1986; or
(B) the total amount of the insurer's insurance in force; and
(2) may not consider insurance premiums for insurance contracted for by a state or federal governmental entity to provide welfare benefits to designated welfare recipients or contracted for in accordance with or in furtherance of Title 2, Human Resources Code, or the federal Social Security Act (42 U.S.C. Section 301 et seq.).
(e) The amount of all examination and evaluation fees paid to the state by an insurer in each taxable year shall be allowed as a credit on the amount of premium taxes due.
(f) Expired.
Notes and commentary — not statutory text
History
Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 1, eff. April 1, 2007.
Amended by:
Acts 2007, 80th Leg., R.S., Ch. 932 (H.B. 3315), Sec. 17, eff. June 15, 2007.
Acts 2011, 82nd Leg., R.S., Ch. 659 (S.B. 1291), Sec. 2, eff. September 1, 2011.
Acts 2011, 82nd Leg., 1st C.S., Ch. 4 (S.B. 1), Sec. 2.04, eff. September 28, 2011.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/IN/htm/IN.401.htm
- Text hash
- sha256 6d3c0fe24928944a66481210585bb6e808b142a5fa477cc6cdfbbf409f40971d
- 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
Provisions in this library that the text above cites, as it prints each citation. A range cited as “ss. 61.13-61.16” links its first and last provisions.
Cited by 8 provisions
Provisions in this library whose text cites Tex. Ins. Code § 401.151. Each shows the citation as that text prints it.
Insurance Code
- Tex. Ins. Code § 401.152EXPENSES OF EXAMINATION OF OTHER INSURERS.Printed as Section 401.151(c)
- Tex. Ins. Code § 803.009CONFLICTING PROVISIONS.Printed as Sections 401.151, 401.152, 401.155, and 401.156
- Tex. Ins. Code § 823.353PAYMENT OF EXAMINATION COSTS.Printed as Sections 401.151, 401.152, 401.155, and 401.156
- Tex. Ins. Code § 846.158EXAMINATION OF MULTIPLE EMPLOYER WELFARE ARRANGEMENTS.Printed as Sections 401.151, 401.152, 401.155, and 401.156
- Tex. Ins. Code § 942.003LIMITED EXEMPTION FROM INSURANCE LAWS; APPLICABILITY OF CERTAIN LAWS.Printed as Sections 401.051, 401.052, 401.054, 401.055, 401.056, 401.057, 401.058, 401.059, 401.060, 401.061, 401.062, 401.151, 401.152, 401.155, and 401.156
- Tex. Ins. Code § 1111A.025APPLICABILITY OF OTHER INSURANCE LAWS.Printed as Sections 31.002, 32.021, 32.023, 32.041, 38.001, 81.004, 86.001, 86.051, 86.052, 201.004, 401.051, 401.054, 401.151(a), 521.003, 521.004, 543.001(c), 801.056, and 862.052
- Tex. Ins. Code § 4152.104EXAMINATION EXPENSE.Printed as Sections 401.151, 401.152, 401.155, and 401.156
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.