Tex. Ins. Code § 201.002

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.

Section 201.002 - Accounting Procedure

The commissioner shall maintain a procedure to account for the receipt, disbursement, and allocation of money deposited in the Texas Department of Insurance operating account, including recordkeeping procedures adequate for:

(1) the commissioner or comptroller, as applicable, to adjust the tax assessments and fee schedules as authorized by this code; and

(2) the state auditor to determine the source of all receipts and expenditures.

Tex. Ins. Code § 201.002

Added by Acts 2003, 78th Leg., ch. 1274, Sec. 1, eff. 4/1/2005.