Texas § FI.154.3525 - ASSESSMENT ON INSURANCE-FUNDED CONTRACTS

Full text of Texas The Texas Constitution § FI.154.3525 — ASSESSMENT ON INSURANCE-FUNDED CONTRACTS, with citation guidance and answers to common questions.

§ FI.154.3525. ASSESSMENT ON INSURANCE-FUNDED CONTRACTS

ASSESSMENT ON INSURANCE-FUNDED CONTRACTS. (a) The department shall assess and collect from a seller not more than $1 for each insurance-funded contract sold during each calendar year and shall deposit the assessments in the insurance-funded contract account within the fund. (b) The department shall stop assessing the amounts required by Subsection (a) when the amount in the insurance-funded contract account reaches $1 million. Added by Acts 2009, 81st Leg., R.S., Ch. 1190 (H.B. 3762 ), Sec. 24, eff. September 1, 2009.

Source: official Texas text · Last verified 2026-08-27

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Frequently Asked Questions About Texas § FI.154.3525

What does The Texas Constitution § FI.154.3525 cover?

Section FI.154.3525 ("ASSESSMENT ON INSURANCE-FUNDED CONTRACTS") is part of the The Texas Constitution, the codified statutory law of Texas. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

How do I cite Texas § FI.154.3525?

A common citation format is "The Texas Constitution § FI.154.3525" (Texas). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

Is this the official text of Texas law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the Texas official source linked on this page or consult a licensed Texas attorney.

How does Texas § FI.154.3525 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Texas can advise on how this section applies to you. Contact your state or local bar association for a referral.

Sources & Verification

Not legal advice. Verify against the official source and consult a licensed attorney in Texas.