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 G. ENFORCEMENT |
Sec. 228.301. ANNUAL REVIEW BY COMPTROLLER
Latest version.
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(a) The comptroller shall conduct an annual review of each certified capital company to:
(1) ensure that the company:
(A) continues to satisfy the requirements of this chapter; and
(B) has not made any investment in violation of this chapter; and
(2) determine the eligibility status of the company's qualified investments.
(b) Each certified capital company shall pay the cost of the annual review according to a reasonable fee schedule adopted by the comptroller.
Added by Acts 2007, 80th Leg., R.S., Ch. 730 , Sec. 1B.001, eff. April 1, 2009.