State of Texas – Fiscal Management

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Revenue Object 3175 – Professional Fees – Life Settlement Contracts

 

Legal Citations:
Revenue Type: Cash — Business Regulation
Origin Date: September 1, 1995 by H.B. 2256, 74th Leg., R.S.
Issue Date: 1995-09-01
Revised Date: 2014-08-26

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.



Notes


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H.B. 2277, 82nd Leg., R.S. repealed Ch. 1111 and recodified under new Life Settlement Contracts Chapter 1111A.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 26
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



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