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Current as of January 01, 2024 | Updated by Findlaw Staff
(a) Each multiple employer welfare arrangement shall pay to the department in the amount set by the commissioner:
(1) an application fee for an initial certificate of authority;
(2) an application fee for a final certificate of authority; and
(3) a filing fee for submission of the arrangement's annual statement.
(b) The commissioner shall set the fees described by Subsection (a) in amounts reasonable and necessary to defray the costs of administering this chapter.
(c) Each multiple employer welfare arrangement shall appoint the commissioner as its resident agent for purposes of service of process. The fee for that service is $50, payable at the time of appointment.
(d) Fees paid under this section shall be deposited to the credit of the Texas Department of Insurance operating fund.
Cite this article: FindLaw.com - Texas Insurance Code - INS § 846.059. Fees; Service of Process - last updated January 01, 2024 | https://codes.findlaw.com/tx/insurance-code/ins-sect-846-059/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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