Sec. 2004.007. INAPPLICABILITY OF CERTAIN LAWS TO PREMIUMS. The premium for an insurance policy written under this chapter is not:
(1) subject to tax under Chapter 221; and
(2) considered net direct premiums under Section 2210.003(7).
Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 2, eff. April 1, 2007.
Structure Texas Statutes
Title 10 - Property and Casualty Insurance
Subtitle D - Fire Insurance and Allied Lines, Including Residential Property Insurance
Chapter 2004 - Residential Property Insurance in Underserved Areas
Section 2004.002. Designation of Underserved Areas
Section 2004.003. Authorization for Issuance of Insurance
Section 2004.004. Exclusion of Certain Coverage
Section 2004.005. Availability of Coverage
Section 2004.006. Policy Forms
Section 2004.007. Inapplicability of Certain Laws to Premiums