Sec. 228.256. TREATMENT OF CREDITS AND CAPITAL. In any case under this code or another insurance law of this state in which the assets of a certified investor are examined or considered, the certified capital may be treated as an admitted asset, subject to the applicable statutory valuation procedures.
Added by Acts 2007, 80th Leg., R.S., Ch. 730 (H.B. 2636), Sec. 1B.001, eff. April 1, 2009.
Structure Texas Statutes
Title 3 - Department Funds, Fees, and Taxes
Subtitle B - Insurance Premium Taxes
Chapter 228 - Premium Tax Credit for Certain Investments
Subchapter F. Premium Tax Credit
Section 228.251. Premium Tax Credit
Section 228.252. Limit on Premium Tax Credit
Section 228.253. Premium Tax Credit Allocation Claim Required
Section 228.254. Total Limit on Premium Tax Credits
Section 228.255. Allocation of Premium Tax Credit
Section 228.256. Treatment of Credits and Capital
Section 228.257. Transferability of Credit
Section 228.258. Impact of Premium Tax Credit on Insurance Ratemaking