State of Texas – Fiscal Management

Manual of Accounts

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Revenue Object 3206 – Insurance Company Fees – Premium Finance Companies

 

Legal Citations:
Revenue Type: Cash — Insurance
Origin Date: 1975 by the 64th Leg.
Issue Date:
Revised Date: 2017-11-29

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.



Notes


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 26
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



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