Tex. Ins. Code § 441.203 · Subchapter E. PROVISIONS APPLYING TO SUPERVISION AND CONSERVATORSHIP
COLLECTION OF FEES FROM REHABILITATED INSURER.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) The commissioner may collect fees from an insurer described by Section 82.002 that is successfully rehabilitated by the commissioner. The fees must be in amounts sufficient to cover the cost of rehabilitating the insurer, but may not exceed that cost.
(b) The department may use fees collected under this section only for the rehabilitation of the insurer from which the fees are collected.
(c) Fees collected under this section shall be deposited in and expended through the Texas Department of Insurance operating account.
(d) The commissioner may determine the terms of the collection or repayment of the fees.
Notes and commentary — not statutory text
History
Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 1, 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.441.htm
- Text hash
- sha256 a7cf40560aa95120b55aca4d78494e8257b0d9e2a82f88f1765d8ba42f412568
- 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
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