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Texas Insurance Code - Section 201.001. Texas Department Of Insurance Operating Account

Legal Research Home > Texas Lawyer > Insurance Code > Texas Insurance Code - Section 201.001. Texas Department Of Insurance Operating Account

§ 201.001. TEXAS DEPARTMENT OF INSURANCE OPERATING 
ACCOUNT.  (a) The Texas Department of Insurance operating account 
is an account in the general revenue fund.  The account includes the 
following:
		(1)  taxes and fees received by the commissioner or 
comptroller that are required by this code to be deposited to the 
credit of the account;  and
		(2)  money or credits received by the department or 
commissioner from sales, reimbursements, and fees authorized by law 
other than this code, including money or credits received from:
			(A)  charges for providing copies of public 
information under Chapter 552, Government Code;
			(B)  the disposition of surplus or salvage 
property under Subchapters C and D, Chapter 2175, Government Code;
			(C)  the sale of publications and other printed 
material under Section 2052.301, Government Code;
			(D)  miscellaneous transactions and sources under 
Section 403.011 or 403.012, Government Code;
			(E)  charges for postage spent to serve legal 
process under Section 17.025, Civil Practice and Remedies Code;
			(F)  the comptroller involving warrants for which 
payment is barred under Chapter 404, Government Code;
			(G)  sales or reimbursements authorized by the 
General Appropriations Act;  and
			(H)  the sale of property purchased with money 
from the account or a predecessor fund or account.
	(b)  The commissioner shall administer money in the account 
and may spend money from the account in accordance with state law, 
rules adopted by the commissioner, and the General Appropriations 
Act.
	(c)  Money deposited to the credit of the account may be used 
for any purpose for which money in the account is authorized to be 
used by law.

Added by Acts 2003, 78th Leg., ch. 1274, § 1, eff. April 1, 2005.          

Last modified: August 11, 2007