Texas § IN.2006.004 - PREMIUM DISCOUNT
Full text of Texas The Texas Constitution § IN.2006.004 — PREMIUM DISCOUNT, with citation guidance and answers to common questions.
§ IN.2006.004. PREMIUM DISCOUNT
PREMIUM DISCOUNT; EXCEPTION. (a) The commissioner by rule shall establish the premium discount under this subchapter based on sound actuarial principles. (b) The commissioner may approve a premium discount greater or less than the discount established by rule under Subsection (a) if: (1) the insurer files the proposed discount with the department; and (2) the commissioner determines that the proposed discount is actuarially justified. Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017 ), Sec. 2, eff. April 1, 2007.
Frequently Asked Questions About Texas § IN.2006.004
What does The Texas Constitution § IN.2006.004 cover?
Section IN.2006.004 ("PREMIUM DISCOUNT") 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.2006.004?
A common citation format is "The Texas Constitution § IN.2006.004" (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.2006.004 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.