Tex. Ins. Code § 201.004

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 201.004 - Electronic Transfers
(a) The commissioner shall adopt rules for the electronic transfer of any fee, guarantee fund, or other money owed to or held for the benefit of this state that the department has the responsibility to administer under this code or another insurance law of this state.
(b) The commissioner shall require the electronic transfer of any amount held or owed that exceeds $500,000.

Tex. Ins. Code § 201.004

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