Texas Statutes (Last Updated: January 4, 2014) |
INSURANCE CODE |
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 |
Sec. 228.256. TREATMENT OF CREDITS AND CAPITAL
Latest version.
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In any case under this code or another insurance law of this state in which the assets of a certified investor are examined or considered, the certified capital may be treated as an admitted asset, subject to the applicable statutory valuation procedures.
Added by Acts 2007, 80th Leg., R.S., Ch. 730 , Sec. 1B.001, eff. April 1, 2009.