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Tex. Insurance Code § 271.005

MAXIMUM RATE; ANNUAL ADJUSTMENT

Texas · Texas Insurance Code · Status: effective

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Tex. Insurance Code § 271.005, MAXIMUM RATE; ANNUAL ADJUSTMENT, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/677265
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(a) The rate of assessment set by the commissioner may not exceed one percent of the gross premiums subject to assessment under Section 271.006. (b) The commissioner shall annually adjust the rate of assessment of the maintenance fee so that the fee imposed that year, together with any unexpended funds produced by the fee, produces the amount the commissioner determines is necessary to pay the expenses during the succeeding year of regulating title insurance.