Tex. Ins. Code § 401.152 · Subchapter D. EXAMINATION EXPENSES
EXPENSES OF EXAMINATION OF OTHER INSURERS.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) An insurer not organized under the laws of this state shall reimburse the department for the salary and expenses of each examiner participating in an examination of the insurer and for other department expenses that are properly allocable to the department's participation in the examination.
(a-1) The department shall also impose an annual assessment on insurers not organized under the laws of this state subject to examination as described by this section 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. The amount imposed under this subsection must be computed in the same manner as the amount imposed under Section 401.151(c) for domestic insurers.
(b) An insurer shall pay the expenses under this section regardless of whether the examination is made only by the department or jointly with the insurance supervisory authority of another state.
(c) The insurer shall pay the expenses directly to the department on presentation of an itemized written statement from the commissioner.
(d) The commissioner shall determine the salary of an examiner participating in an examination of an insurer's books or records located in another state based on the salary rate recommended by the National Association of Insurance Commissioners or the examiner's regular salary rate.
(e) The limitations provided by Sections 803.007(1) and (2)(B) for a domestic company apply to a foreign insurer.
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 2013, 83rd Leg., R.S., Ch. 1286 (H.B. 2163), Sec. 1, eff. September 1, 2013.
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 3c025b5d24cbc04ffbd9e4430d5d2adf648887ddd231897bcbb8dd85baaa5539
- 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 7 provisions
Provisions in this library whose text cites Tex. Ins. Code § 401.152. Each shows the citation as that text prints it.
Insurance Code
- Tex. Ins. Code § 401.104APPOINTMENT OF EXAMINERS, ACTUARIES, AND OTHER PERSONS FOR CERTAIN EXAMINATIONS.Printed as Section 401.152
- 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 § 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.