Insurance Code › Title 3 › Chapter 225

Texas Insurance Code § 225.010

Tax Absorption and Rebates Prohibited

Surplus Lines Insurance Premium Tax

(a) A surplus lines agent may not absorb the tax imposed by this chapter.

(b) A surplus lines agent may not rebate all or part of the tax or the agent's commission as an inducement for insurance or for any other reason.

Official text of the Texas Insurance Code as published by the Texas Legislative Council.

Official source
Legislative history

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