Texas § IN.2003.001 - FIRE LOSS INFORMATION
Full text of Texas The Texas Constitution § IN.2003.001 — FIRE LOSS INFORMATION, with citation guidance and answers to common questions.
§ IN.2003.001. FIRE LOSS INFORMATION
FIRE LOSS INFORMATION. (a) The department shall ascertain as soon as practicable the annual fire loss in this state. (b) The department shall, in a manner that will aid in determining equitable insurance rates and methods to reduce annual fire loss and insurance rates of this state or subdivisions of this state: (1) obtain, make, and maintain records regarding the annual fire loss in this state; and (2) collect data concerning the annual fire loss as necessary to enable the department to classify: (A) fire losses in this state; (B) the causes of those fire losses; (C) the amount of the premiums collected for fire loss for each class of risk; and (D) the amount paid for the fire losses. (c) The commissioner may designate one or more advisory organizations or other agencies to gather, audit, and compile the fire loss experience of insurers. The insurers shall bear the costs incurred under this subsection. (d) To implement this section, the department may: (1) employ clerical personnel, inspectors, experts, and other assistants; and (2) incur other necessary expenses. Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017 ), Sec. 2, eff. April 1, 2007.
Frequently Asked Questions About Texas § IN.2003.001
What does The Texas Constitution § IN.2003.001 cover?
Section IN.2003.001 ("FIRE LOSS INFORMATION") 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 § IN.2003.001?
A common citation format is "The Texas Constitution § IN.2003.001" (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 § IN.2003.001 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.