Texas Insurance Code Title 3, Chapter 259 - Third-party Administrators

• Texas Section 259.001 - Definitions
  In this chapter: (1) "Administrative or service fees" means all consideration, fees, assessments, payments, reimbursements, dues, and other compensation received for services as an administrator...
• Texas Section 259.002 - Maintenance Tax Imposed
  A maintenance tax is imposed on each authorized administrator with administrative or service fees subject to taxation under Section 259.004. The tax required by this...
• Texas Section 259.003 - Maximum Rate; Annual Adjustment
  (a) The rate of assessment set by the commissioner may not exceed one percent of the administrative or service fees subject to taxation under Section...
• Texas Section 259.004 - Administrative And Service Fees Subject To Taxation
  An administrator shall pay maintenance taxes under this chapter on the administrator's correctly reported administrative or service fees. Added by Acts 2003, 78th Leg., ch....
• Texas Section 259.005 - Maintenance Tax Due Dates
  The administrator 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