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Tex. Ins. Code § 271.010

DEPOSIT OF MAINTENANCE FEES

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

(a) The comptroller shall deposit maintenance fees collected under this chapter in the general revenue fund to be reallocated to the Texas Department of Insurance operating account.

(b) Amounts in the Texas Department of Insurance operating account may be transferred to the appropriate portion of the general revenue fund in accordance with Section 201.052.

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