Texas Insurance Code - Not Codified - Article 4.66. Premium Tax Credit Allocation Claim Form
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Art. 4.66. PREMIUM TAX CREDIT ALLOCATION CLAIM FORM. (a) A
premium tax credit allocation claim must be prepared and executed
by a certified investor on a form provided by the comptroller. The
certified capital company must file the claim with the comptroller
on the date on which the comptroller accepts premium tax credit
allocation claims on behalf of certified investors under rules
adopted under Article 4.52(2) of this code. The premium tax credit
allocation claim form must include an affidavit of the certified
investor under which the certified investor becomes legally bound
and irrevocably committed to make an investment of certified
capital in a certified capital company in the amount allocated even
if the amount allocated is less than the amount of the claim,
subject only to the receipt of an allocation under Article 4.68 of
this code.
(b) A certified investor may not claim a premium tax credit
under Article 4.65 of this code for an investment that has not been
funded, even if the certified investor has committed to fund the
investment.
Added by Acts 2001, 77th Leg., ch. 437, Sec. 1, eff. May 28, 2001.
Subsec. (a) amended by Acts 2003, 78th Leg., ch. 1310, Sec. 72, eff.
June 20, 2003.
Article: 4.59 4.60 4.61 4.62 4.63 4.64 4.65 4.66 4.67 4.68 4.69 4.70 4.71 4.72 4.73
Last modified: August 11, 2007
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