Sec. 1506.251. INTERIM ASSESSMENTS

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(a) The board may assess health benefit plan issuers, including making advance interim assessments, as reasonable and necessary for the pool's organizational and interim operating expenses.
(b) The board shall credit an interim assessment as an offset against any regular assessment that is due after the end of the fiscal year.
(c) The regular assessment is the amount determined by the board under Section 1506.252 and recovered from health benefit plan issuers under Section 1506.253.

Added by Acts 2003, 78th Leg., ch. 1274, Sec. 3, eff. April 1, 2005. Amended by: Acts 2007, 80th Leg., R.S., Ch. 881 , Sec. 11, eff. June 30, 2007.

                    
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