Sec. 651.006. ASSESSMENTS. (a) A license holder shall pay to the department:
(1) an amount imposed by the department to cover the direct and indirect cost of examinations and investigations made under this chapter; and
(2) a proportionate share of the general administrative expense attributable to the regulation of license holders.
(b) Each amount required by this section is in addition to any investigation or license fee imposed under Subchapter B.
Added by Acts 2003, 78th Leg., ch. 1274, Sec. 2, eff. April 1, 2005.
Structure Texas Statutes
Title 5 - Protection of Consumer Interests
Subtitle E - Premium Financing
Chapter 651 - Financing of Insurance Premiums
Subchapter A. General Provisions
Section 651.002. Certain Conduct Not Engaging in Business as Insurance Premium Finance Company
Section 651.004. Employment of Examiners and Investigators; Payment of Expenses
Section 651.005. Deposit and Use of Fees
Section 651.007. Applicability of Consumer Credit Protection Act and Regulation Z