Tex. Insurance Code § 441.203
This is the official text of Tex. Insurance Code § 441.203, part of Texas’s Insurance Code — regulates insurance companies and the policies they sell.
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§ 441.203. COLLECTION OF FEES FROM REHABILITATED INSURER.
Official statutory text
(a) The commissioner may collect fees from an insurer described by Section 82.002 that is successfully rehabilitated by the commissioner. The fees must be in amounts sufficient to cover the cost of rehabilitating the insurer, but may not exceed that cost.
(b) The department may use fees collected under this section only for the rehabilitation of the insurer from which the fees are collected.
(c) Fees collected under this section shall be deposited in and expended through the Texas Department of Insurance operating account.
(d) The commissioner may determine the terms of the collection or repayment of the fees.
(b) The department may use fees collected under this section only for the rehabilitation of the insurer from which the fees are collected.
(c) Fees collected under this section shall be deposited in and expended through the Texas Department of Insurance operating account.
(d) The commissioner may determine the terms of the collection or repayment of the fees.
Status: in_force · Read it on the official government site
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