Tex. Ins. Code § 888.051 · Subchapter B. ANNUAL ASSESSMENT
IMPOSITION OF ANNUAL ASSESSMENT; AMOUNT.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) An annual assessment is imposed on each burial association that holds a certificate of authority to engage in the business of insurance in this state. The assessment is in addition to any other fee that the association is required to pay.
(b) The amount of the assessment is equal to the greater of:
(1) the amount computed by multiplying one-half cent by the number of members in the burial association on December 31 of the applicable year; or
(2) $5.
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.888.htm
- Text hash
- sha256 003d8676366d129210362c3926e4e27481b57df3005336fabc92f7f73e4adc26
- 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 2 provisions
Provisions in this library whose text cites Tex. Ins. Code § 888.051. Each shows the citation as that text prints it.
Insurance Code
- Tex. Ins. Code § 888.002LIBERAL CONSTRUCTION.Printed as Sections 888.051, 888.052, 888.102(b), 888.151, 888.152, 888.153, 888.154, 888.155, 888.156, 888.157, 888.202, 888.203, and 888.204
- Tex. Ins. Code § 888.052PAYMENT OF ANNUAL ASSESSMENT.Printed as Section 888.051 | Sections 888.051, 888.052, 888.102(b), 888.151, 888.152, 888.153, 888.154, 888.155, 888.156, 888.157, 888.202, 888.203, and 888.204
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.