Texas § 401.155 ADDITIONAL ASSESSMENTS.

Texas Statutes

§ 401.155 — ADDITIONAL ASSESSMENTS.

Texas § 401.155

Code INInsurance Code

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Bluebook

Tex. Insurance Code Code Ann. § 401.155 (2026).

Text

Sec. 401.155. ADDITIONAL ASSESSMENTS.

(a)The department shall impose additional assessments against insurers on a pro rata basis as necessary to:

(1)cover all expenses and disbursements required by law; and

(2)comply with this subchapter and Sections 401.103 , 401.104 , 401.105 , and 401.106 .

(b)The department shall use any surplus resulting from an assessment under this section to reduce the amount of subsequent assessments.

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Sec. 401.155. ADDITIONAL ASSESSMENTS. (a) The department shall impose additional assessments against insurers on a pro rata basis as necessary to:
(1) cover all expenses and disbursements required by law; and
(2) comply with this subchapter and Sections 401.103 , 401.104 , 401.105 , and 401.106 .
(b) The department shall use any surplus resulting from an assessment under this section to reduce the amount of subsequent assessments.