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Texas Insurance Code - Section 225.010. Tax Absorption And Rebates Prohibited

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§ 225.010. TAX ABSORPTION AND REBATES PROHIBITED. (a) A surplus lines agent may not absorb the tax imposed by this chapter. (b) A surplus lines agent may not rebate all or part of the tax or the agent's commission as an inducement for insurance or for any other reason. Added by Acts 2003, 78th Leg., ch. 1274, § 1, eff. April 1, 2005.

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Last modified: August 11, 2007