Texas § IN.2210.0725 - PAYMENT FROM CLASS 1 ASSESSMENTS
Full text of Texas The Texas Constitution § IN.2210.0725 — PAYMENT FROM CLASS 1 ASSESSMENTS, with citation guidance and answers to common questions.
§ IN.2210.0725. PAYMENT FROM CLASS 1 ASSESSMENTS
PAYMENT FROM CLASS 1 ASSESSMENTS. (a) Losses in a catastrophe year not paid under Sections 2210.0715 and 2210.072 shall be paid as provided by this section from Class 1 member assessments not to exceed $500 million for that catastrophe year. (b) The association, with the approval of the commissioner, shall notify each member of the amount of the member's assessment under this section. The proportion of the losses allocable to each insurer under this section shall be determined in the manner used to determine each insurer's participation in the association for the year under Section 2210.052 . (c) A member of the association may not recoup an assessment paid under this section through a premium surcharge or tax credit. Added by Acts 2015, 84th Leg., R.S., Ch. 615 (S.B. 900 ), Sec. 7, eff. September 1, 2015. Repealed by Acts 2025, 89th Leg., R.S., Ch. 895 (H.B. 3689 ), Sec. 1.17(1), eff. September 1, 2027. Text of section effective until September 01, 2027
Frequently Asked Questions About Texas § IN.2210.0725
What does The Texas Constitution § IN.2210.0725 cover?
Section IN.2210.0725 ("PAYMENT FROM CLASS 1 ASSESSMENTS") 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.2210.0725?
A common citation format is "The Texas Constitution § IN.2210.0725" (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.2210.0725 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.