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Tex. Ins. Code § 255.001

SURCHARGE IMPOSED

Added by Acts 2003, 78th Leg., ch. 1274, Sec. 1, eff

(a) A surcharge is imposed on each authorized insurer with gross premiums subject to the surcharge under Section 255.003, including a:

(1) stock insurance company;

(2) mutual insurance company;

(3) reciprocal or interinsurance exchange; and

(4) Lloyd's plan.

(b) The surcharge required by this chapter is in addition to taxes or other surcharges imposed that are not in conflict with this chapter.

Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.