Sec. 228.257. TRANSFERABILITY OF CREDIT. (a) A certified investor may transfer or assign premium tax credits only in compliance with the rules adopted under Section 228.052.
(b) The transfer or assignment of a premium tax credit does not affect the schedule for taking the premium tax credit under this chapter.
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