| Issue Date: | 1995-09-01 |
|---|---|
| Revised Date: | 2014-08-26 |
Legal Citations
- Insurance Code sec. 1111A.003
Object Type
Cash — Business Regulation
Origin Date
September 1, 1995 by H.B. 2256, 74th Leg., R.S.
Description
An individual corporation, trust, partnership, association or other legal entity engaging in the business of life settlement contracts shall pay a registration fee set by the Department of Insurance.
Due Date
Annually, at the time of registration.
Collecting Agencies
Deposit Funds
Note
Recodified to Ch. 1111 by H.B. 2811, 77th Leg., R.S.
H.B. 2277, 82nd Leg., R.S. repealed Ch. 1111 and recodified under new Life Settlement Contracts Chapter 1111A. The bill also changed the fee from a not to exceed amount of $250 to one set by the department.
USAS Values
| Appropriation Year | 25 |
|---|---|
| USAS Title | PROFESSIONAL FEES |
| Receipt Category | 03 – Business Regulation |
| Receipt Type | 10 – Business/Professional Fees |
| Object Group | 30 – Revenues |
| USAS Status | A |
| Rev/Exp Category | 01 – LICENSES, FEES, FINES, AND PENALTIES |