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Texas Statutes (Last Updated: January 4, 2014) |
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INSURANCE CODE |
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Title 3. DEPARTMENT FUNDS, FEES, AND TAXES |
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Subtitle B. INSURANCE PREMIUM TAXES |
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Chapter 225. SURPLUS LINES INSURANCE PREMIUM TAX |
Sec. 225.005. TAX EXCLUSIVE
Latest version.
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The tax imposed by this chapter is a transaction tax collected by the surplus lines agent of record and is in lieu of any other transaction taxes on these premiums.
Added by Acts 2003, 78th Leg., ch. 1274, Sec. 1, eff. April 1, 2005. Amended by: Acts 2011, 82nd Leg., 1st C.S., Ch. 4 , Sec. 18.05, eff. September 28, 2011.