Texas § 884.256 ANNUAL STATEMENT; FILING FEE.

Texas Statutes

§ 884.256 — ANNUAL STATEMENT; FILING FEE.

Texas § 884.256

Code INInsurance Code

This text of Texas § 884.256 (ANNUAL STATEMENT; FILING FEE.) 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. § 884.256 (2026).

Text

Sec. 884.256. ANNUAL STATEMENT; FILING FEE.

(a)Except as provided by Section 884.406 , not later than March 31 of each year a stipulated premium company shall:

(1)prepare a statement showing the condition of the company on December 31 of the preceding year; and

(2)deliver the statement to the department accompanied by a filing fee in the amount determined under Chapter 202 .

(b)The statement must be under the oath of two of the stipulated premium company's officers and must show in detail:

(1)the character of the company's assets and liabilities on December 31 of the preceding year;

(2)the amount and character of business transacted and money received during the year and how money was spent during the year;

(3)the number and amount of the company's policies in force on that date; an

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Sec. 884.256. ANNUAL STATEMENT; FILING FEE. (a) Except as provided by Section 884.406 , not later than March 31 of each year a stipulated premium company shall:
(1) prepare a statement showing the condition of the company on December 31 of the preceding year; and
(2) deliver the statement to the department accompanied by a filing fee in the amount determined under Chapter 202 .
(b) The statement must be under the oath of two of the stipulated premium company's officers and must show in detail:
(1) the character of the company's assets and liabilities on December 31 of the preceding year;
(2) the amount and character of business transacted and money received during the year and how money was spent during the year;
(3) the number and amount of the company's policies in force on that date; and
(4) the total amount of the company's policies in force on that date.
(c) For purposes of Subsection (b), an insured under a family group policy to which Section 884.451 (b) applies is accounted for only if a reserve is required for that insured under that section.
(d) The department shall prescribe the form of the statement.
(e) Fees collected under this section shall be deposited to the credit of the Texas Department of Insurance operating account. Sections 201.001 and 201.002 apply to fees collected under this section.
SUBCHAPTER G. POWERS AND DUTIES RELATING TO COVERAGES

Legislative History

Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003. Amended by: Acts 2007, 80th Leg., R.S., Ch. 730 (H.B. 2636 ), Sec. 2E.081, eff. April 1, 2009.