Texas Insurance Code Title 3, Chapter 261 - Texas Insurance Exchange

• Texas Section 261.001 - Definition
  In this chapter, "exchange" means the Texas Insurance Exchange. Added by Acts 2003, 78th Leg., ch. 1274, Sec. 1, eff. April 1, 2005.
• Texas Section 261.002 - Maintenance Tax Imposed
  A maintenance tax is imposed on the gross premiums paid through the exchange and subject to taxation under Section 261.004. Added by Acts 2003, 78th...
• Texas Section 261.003 - Maximum Rate; Annual Adjustment
  (a) The rate of assessment set by the commissioner may not exceed one percent of the gross premiums subject to taxation under Section 261.004. (b)...
• Texas Section 261.004 - Premiums Subject To Taxation
  The exchange shall pay maintenance taxes under this chapter on the correctly reported gross premiums paid through the exchange on all classes of insurance specified...
• Texas Section 261.005 - Maintenance Tax Due Dates
  The exchange shall pay the maintenance tax annually, semiannually, or on another periodic basis, as determined by the comptroller. Added by Acts 2003, 78th Leg.,...

Last modified: September 28, 2016