Tex. Ins. Code § 821.051 · Subchapter B. ASSOCIATION OF INSURANCE COMPANIES
PAYMENT OF TAXES AND FEES; COMPLIANCE WITH LAW.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) Life, health, fire, marine, or inland marine insurance companies that associate to issue or sell insurance policies may not engage in the business of insurance in this state until each company has:
(1) paid the company's taxes and fees that are due; and
(2) complied with all requirements of law.
(b) The commissioner may not authorize to engage in the business of insurance in this state an insurance company that does not comply with Subsection (a).
Notes and commentary — not statutory text
History
Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/IN/htm/IN.821.htm
- Text hash
- sha256 4f5a632fe5b07e7fea48865f3987f1a90a4d9a9fa86cbed7ade1262d712315b6
- 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
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.