Tex. Ins. Code § 550.001 · Chapter 550. PROHIBITED PRACTICES RELATING TO PAYMENTS
SOLICITATION OR COLLECTION OF CERTAIN PAYMENTS.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) An insurer or an insurer's agent or sponsoring organization may not solicit or collect, in connection with an application for insurance or the issuance of a policy, a payment other than:
(1) a premium;
(2) a tax;
(3) a finance charge;
(4) a policy fee;
(5) an agent fee;
(6) a service fee, including a charge for costs described by Section 4005.003;
(7) an inspection fee; or
(8) membership dues in a sponsoring organization.
(b) The commissioner by rule shall permit a sponsoring organization to solicit a voluntary contribution with a membership renewal solicitation if the membership renewal solicitation is separate from an insurance billing.
(c) Except as otherwise provided by statute, an insurer may require that membership dues in its sponsoring organization be paid as a condition for issuance or renewal of an insurance policy.
(d) Criminal penalties for a violation of this section are the same as criminal penalties provided for a violation under Subchapter K, Chapter 823.
Notes and commentary — not statutory text
History
Added by Acts 2003, 78th Leg., ch. 1274, Sec. 2, 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.550.htm
- Text hash
- sha256 26a6f3756dcd96a0995ae960469ecf94e2ad13480e2f69fcfbbe7e697de2715d
- 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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