Texas § 651.005 DEPOSIT AND USE OF FEES.

Texas Statutes

§ 651.005 — DEPOSIT AND USE OF FEES.

Texas § 651.005

Code INInsurance Code

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Bluebook

Tex. Insurance Code Code Ann. § 651.005 (2026).

Text

Sec. 651.005. DEPOSIT AND USE OF FEES.

(a)Except as provided by Subsection (b), each fee collected under this chapter:

(1)shall be deposited to the credit of the Texas Department of Insurance operating account; and

(2)may be used by the department to enforce this chapter.

(b)An assessment or fee associated with examination costs, as defined by Section 401.251 , shall be deposited to the account described by Section 401.156 (a).

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Sec. 651.005. DEPOSIT AND USE OF FEES. (a) Except as provided by Subsection (b), each fee collected under this chapter:
(1) shall be deposited to the credit of the Texas Department of Insurance operating account; and
(2) may be used by the department to enforce this chapter.
(b) An assessment or fee associated with examination costs, as defined by Section 401.251 , shall be deposited to the account described by Section 401.156 (a).

Legislative History

Added by Acts 2003, 78th Leg., ch. 1274, Sec. 2, eff. April 1, 2005. Amended by: Acts 2011, 82nd Leg., R.S., Ch. 659 (S.B. 1291 ), Sec. 4, eff. September 1, 2011.