Gavvy: Ins. Code, Sec. 271.002. Maintenance Fee Imposed.

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Sec. 271.002. Maintenance Fee Imposed.


Sec. 271.002.  MAINTENANCE FEE IMPOSED.  (a)  A maintenance fee is imposed on all premiums subject to assessment under Section 271.006.
(b)  The maintenance fee is not a tax and shall be reported and paid separately from premium and retaliatory taxes.
Added by Acts 2003, 78th Leg., ch. 1274, Sec. 1, eff. April 1, 2005.
Amended by: 
Acts 2007, 80th Leg., R.S., Ch. 932 (H.B. 3315), Sec. 15, eff. June 15, 2007.

Gavvy last updated this database on: Sep 6, 2024