Sec. 271.002. MAINTENANCE FEE IMPOSED. (a) A maintenance fee is imposed on all premiums subject to assessment under Section 271.006.
(b) The maintenance fee is not a tax and shall be reported and paid separately from premium and retaliatory taxes.
Added by Acts 2003, 78th Leg., ch. 1274, Sec. 1, eff. April 1, 2005.
Amended by:
Acts 2007, 80th Leg., R.S., Ch. 932 (H.B. 3315), Sec. 15, eff. June 15, 2007.
Structure Texas Statutes
Title 3 - Department Funds, Fees, and Taxes
Subtitle D - Title Insurance Maintenance Fees
Chapter 271 - Title Insurance Maintenance Fees
Section 271.001. Applicability of Certain Definitions
Section 271.002. Maintenance Fee Imposed
Section 271.003. Duplication of Assessment Prohibited With Respect to Title Insurance Agents
Section 271.004. Determining Rate of Assessment
Section 271.005. Maximum Rate; Annual Adjustment
Section 271.006. Premiums Subject to Assessment
Section 271.007. Collection of Maintenance Fee
Section 271.008. Duty to Advise Comptroller of Rate
Section 271.009. Effect of Late Advisement of Rate
Section 271.010. Deposit of Maintenance Fees