Texas § 2210.635 EXCESS REVENUE COLLECTIONS AND INVESTMENT EARNINGS.

Texas Statutes

§ 2210.635 — EXCESS REVENUE COLLECTIONS AND INVESTMENT EARNINGS.

Texas § 2210.635

Code INInsurance Code

This text of Texas § 2210.635 (EXCESS REVENUE COLLECTIONS AND INVESTMENT EARNINGS.) is published on Counsel Stack Legal Research, covering Texas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Tex. Insurance Code Code Ann. § 2210.635 (2026).

Text

Sec. 2210.635. EXCESS REVENUE COLLECTIONS AND INVESTMENT EARNINGS. With respect to a financing arrangement entered into under Section 2210.632 , the association may use revenue collected in a calendar year from a premium surcharge, including earned interest, that exceeds the amount of the financing arrangement obligations and financing arrangement administrative expenses payable during that calendar year to:

(1)pay financing arrangement obligations payable in the subsequent calendar year, offsetting the amount of a premium surcharge that would otherwise be required to be levied for the year under this chapter;

(2)pay outstanding financing arrangement obligations; or

(3)deposit additional money into the catastrophe reserve trust fund.

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Sec. 2210.635. EXCESS REVENUE COLLECTIONS AND INVESTMENT EARNINGS. With respect to a financing arrangement entered into under Section 2210.632 , the association may use revenue collected in a calendar year from a premium surcharge, including earned interest, that exceeds the amount of the financing arrangement obligations and financing arrangement administrative expenses payable during that calendar year to:
(1) pay financing arrangement obligations payable in the subsequent calendar year, offsetting the amount of a premium surcharge that would otherwise be required to be levied for the year under this chapter;
(2) pay outstanding financing arrangement obligations; or
(3) deposit additional money into the catastrophe reserve trust fund.