Texas Insurance Code - Section 201.004. Electronic Transfers
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§ 201.004. ELECTRONIC TRANSFERS. (a) The commissioner
shall adopt rules for the electronic transfer of any fee, guarantee
fund, or other money owed to or held for the benefit of this state
that the department has the responsibility to administer under this
code or another insurance law of this state.
(b) The commissioner shall require the electronic transfer
of any amount held or owed that exceeds $500,000.
Added by Acts 2003, 78th Leg., ch. 1274, § 1, eff. April 1, 2005.
Section: 102.103 102.104 102.151 102.152 201.001 201.002 201.003 201.004 201.005 201.051 201.052 201.053 201.054 201.055 202.001
Last modified: August 10, 2007
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