Texas Insurance Code Title 3, Chapter 271 - Title Insurance Maintenance Fees

• Texas Section 271.001 - Applicability Of Certain Definitions
  In this chapter, a term defined by Chapter 2501 has the meaning assigned by that chapter. Added by Acts 2003, 78th Leg., ch. 1274, Sec....
• Texas Section 271.002 - Maintenance Fee Imposed
  (a) A maintenance fee is imposed on all premiums subject to assessment under Section 271.006. (b) The maintenance fee is not a tax and shall...
• Texas Section 271.003 - Duplication Of Assessment Prohibited With Respect To Title Insurance Agents
  The maintenance fee is included in the division of premiums and may not be separately charged to a title insurance agent. Added by Acts 2003,...
• Texas Section 271.004 - Determining Rate Of Assessment
  (a) The commissioner shall annually determine the rate of assessment of the maintenance fee. (b) In determining the rate of assessment, the commissioner shall consider...
• Texas Section 271.005 - Maximum Rate; Annual Adjustment
  (a) The rate of assessment set by the commissioner may not exceed one percent of the gross premiums subject to assessment under Section 271.006. (b)...
• Texas Section 271.006 - Premiums Subject To Assessment
  An insurer shall pay maintenance fees under this chapter on the correctly reported gross premiums from writing title insurance in this state. Added by Acts...
• Texas Section 271.007 - Collection Of Maintenance Fee
  The comptroller shall collect the maintenance fee. Added by Acts 2003, 78th Leg., ch. 1274, Sec. 1, eff. April 1, 2005.
• Texas Section 271.008 - Duty To Advise Comptroller Of Rate
  The commissioner shall advise the comptroller of the applicable rate of assessment of the maintenance fee not later than the 45th day before the due...
• Texas Section 271.009 - Effect Of Late Advisement Of Rate
  (a) Except as provided by Subsection (b), if the commissioner does not advise the comptroller of the applicable rate of assessment of the maintenance fee...
• Texas Section 271.010 - Deposit Of Maintenance Fees
  (a) The comptroller shall deposit maintenance fees collected under this chapter in the general revenue fund to be reallocated to the Texas Department of Insurance...
• Texas Section 271.011 - Maintenance Fee Due Dates
  (a) The insurer shall pay the maintenance fee on an annual, semiannual, or other periodic basis, as determined by the comptroller. (b) The comptroller may...
• Texas Section 271.012 - Rules
  The commissioner may adopt reasonable rules to implement payments under this chapter. Added by Acts 2003, 78th Leg., ch. 1274, Sec. 1, eff. April 1,

Last modified: September 28, 2016