Issue Date: 1993-09-01
Revised Date:

Object Type

Cash — Other Expenditures

Reference

Description

To record payments of insurance premiums which require pre-payment approval by Texas Attorney General and State Board of Insurance authorized by TEX. GOV'T CODE ANN., Ch. 612

Expenditure code 7216 includes, but is NOT limited to:

  • Insurance Premiums (approved by Dept. of Insurance and Attorney General)
  • Insurance Premiums (vehicles)

Note

This code does NOT include all other payments for insurance when statutorily authorized but require pre-payment audit approval of the State Office of Risk Management (7204), or that require no pre-payment audit approval (7244).

USAS Values

Appropriation Year 20
USAS Title INS PREM-APP BY BD OF INS & AG
Object Group 10 – Expenditures
USAS Status A
Rev/Exp Category 04 – OTHER EXPENDITURES