Tex. Ins. Code 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 (Premiums Subject to Assessment).

(b)

The commissioner shall annually adjust the rate of assessment of the maintenance fee so that the fee imposed that year, together with any unexpended funds produced by the fee, produces the amount the commissioner determines is necessary to pay the expenses during the succeeding year of regulating title insurance.
Added by Acts 2003, 78th Leg., ch. 1274, Sec. 1, eff. April 1, 2005.

Source: Section 271.005 — Maximum Rate; Annual Adjustment, https://statutes.­capitol.­texas.­gov/Docs/IN/htm/IN.­271.­htm#271.­005 (accessed Apr. 20, 2024).

Green check means up to date. Up to date

Accessed:
Apr. 20, 2024

§ 271.005’s source at texas​.gov