Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
A fee collected under this chapter shall be deposited to the credit of the Texas Department of Insurance operating account for use by the department. The department shall use the money for payment of salaries and other expenses arising from the:
(1) examination of insurance companies;(2) licensure of insurance companies; and(3) investigation of violations of the insurance laws of this state.Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. 6/1/2003.