Sec. 2004.007. INAPPLICABILITY OF CERTAIN LAWS TO PREMIUMS  


Latest version.
  • The premium for an insurance policy written under this chapter is not:

    (1) subject to tax under Chapter 221; and

    (2) considered net direct premiums under Section 2210.003(7).

Added by Acts 2005, 79th Leg., Ch. 727 , Sec. 2, eff. April 1, 2007.