Issue Date:
Revised Date: 2017-11-29

Legal Cites

Object Type

Cash — Insurance

Origin Date

1975 by the 64th Leg.

Description

Fees charged each premium finance company for each specified location:

  • Investigation fee up to $400 to accompany application for a license, which is nonrefundable upon denial of license.
  • License fee up to $200 (up to $100 if license issued after June 30) for each calendar year.

Due Date

License renewable Dec. 31 each calendar year. Department may adopt staggered renewal system.

Note

First deposited in the Treasury September 1, 1979.

Deposit changed from the Insurance Premium Financing Administration Fund (No. 0179) by S.B. 928, 68th Leg., R.S.

 

USAS Values

Appropriation Year 24
USAS Title INSURANCE COMPANY FEES
Receipt Category 04 – Insurance
Receipt Type 10 – Business/Professional Fees
Object Group 30 – Revenues
USAS Status A
Rev/Exp Category 01 – LICENSES, FEES, FINES, AND PENALTIES