Tex. Ins. Code § 271.002

MAINTENANCE FEE IMPOSED

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

(a) A maintenance fee is imposed on all premiums subject to assessment under Section 271.006.

(b) The maintenance fee is not a tax and shall be reported and paid separately from premium and retaliatory taxes.

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