(a) The surplus lines agent must file a true and correct copy of each executed surplus lines policy, contract, or other detailed evidence of coverage, including additions, deletions, or cancellations with the stamping office within 60 days of issuance or the effective date, whichever is later. If evidence of coverage other than the policy is initially filed, a copy of the policy must be filed with the stamping office within 60 days after it becomes available.
(b) For purposes of reporting to the stamping office, the term "true and correct copy of a surplus lines insurance policy" as used in this section, includes:
  (1) a declarations page;
  (2) a listing of all participating insurers on the policy;
  (3) all coverage parts and schedules, including limits;
  (4) extended coverage exclusions;
  (5) all premium-bearing documents;
  (6) risk ZIP code location; and
  (7) any other parts as may be required by the stamping office to review and record the policy.
(c) The stamping office must compile information from the filings submitted under subsection (b) of this section on a surplus lines agent basis within 10 days after the end of each month. The reports will be provided to the surplus lines agent with a notice of the total stamping fees due. The surplus lines agent must pay the fees to the stamping office by the end of the month in which the surplus lines agent receives the notice.

Source Note: The provisions of this §15.106 adopted to be effective December 30, 2018, 43 TexReg 8455