Tex. Ins. Code § 651.065 · Subchapter B. AUTHORITY TO ENGAGE IN BUSINESS
STAGGERED RENEWAL SYSTEM.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) The commissioner by rule may adopt a system under which licenses expire on various dates during the year.
(b) For a year in which the license expiration date is less than one year from the date of license issuance or the anniversary of that date, the license fee shall be prorated so that each license holder pays only that portion of the license fee allocable to the number of months during which the license is valid. On each subsequent renewal of the license, a license holder must pay the total renewal fee.
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.651.htm
- Text hash
- sha256 54f453941097454c172e7b1f982232b47a43869d74d338349974002711f730e7
- 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
Cited by 1 provision
Provisions in this library whose text cites Tex. Ins. Code § 651.065. Each shows the citation as that text prints it.
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