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Texas Insurance Code - Section 462.110. Exemption From Certain Fees And Taxes

Legal Research Home > Texas Lawyer > Insurance Code > Texas Insurance Code - Section 462.110. Exemption From Certain Fees And Taxes

§ 462.110. EXEMPTION FROM CERTAIN FEES AND TAXES. The association is exempt from payment of all fees and of all taxes levied by this state or a subdivision of this state, except taxes levied on real or personal property. Added by Acts 2005, 79th Leg., ch. 727, § 1, eff. April 1, 2007. § 462.111. ACCESS TO RECORDS OF MEMBER INSURER IN RECEIVERSHIP; ACTUARIAL AND OPERATIONAL ANALYSIS. (a) The association shall have access to the books and records of a member insurer in receivership to determine the extent of the impact on the association if the member becomes impaired. (b) The association may: (1) perform or cause to be performed an actuarial and operational analysis of the member insurer; and (2) prepare a report on matters relating to the impact or potential impact on the association in the event of impairment. (c) A report prepared under Subsection (b) is not a public document. Added by Acts 2005, 79th Leg., ch. 727, § 1, eff. April 1, 2007.

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Last modified: August 10, 2007