Sec. 201.002. ACCOUNTING PROCEDURE. The commissioner shall maintain a procedure to account for the receipt, disbursement, and allocation of money deposited in the Texas Department of Insurance operating account, including recordkeeping procedures adequate for:
(1) the commissioner or comptroller, as applicable, to adjust the tax assessments and fee schedules as authorized by this code; and
(2) the state auditor to determine the source of all receipts and expenditures.
Added by Acts 2003, 78th Leg., ch. 1274, Sec. 1, eff. April 1, 2005.
Structure Texas Statutes
Title 3 - Department Funds, Fees, and Taxes
Subtitle A - General Provisions
Chapter 201 - Collection of Revenue and Administration of Funds
Subchapter A. General Provisions
Section 201.001. Texas Department of Insurance Operating Account
Section 201.002. Accounting Procedure