Texas § IN.4055.010 - TREATMENT OF CERTAIN PREMIUMS
Full text of Texas The Texas Constitution § IN.4055.010 — TREATMENT OF CERTAIN PREMIUMS, with citation guidance and answers to common questions.
§ IN.4055.010. TREATMENT OF CERTAIN PREMIUMS
TREATMENT OF CERTAIN PREMIUMS. Notwithstanding any other provision of this title or any rule adopted by the commissioner, a specialty license holder is not required to treat as money received in a fiduciary capacity premiums collected from a consumer who purchases insurance coverage when completing a consumer transaction associated with the coverage if: (1) the insurer represented by the license holder has consented in writing, signed by an officer of the insurer, that premiums are not required to be segregated from money received by the license holder because of the consumer transaction associated with the insurance coverage; and (2) the charges for insurance coverage are itemized but not billed to the consumer separately from the charges for the associated consumer transaction. Added by Acts 2003, 78th Leg., ch. 1274, Sec. 7, eff. April 1, 2005.
Source: official Texas text · Last verified 2026-08-27
Frequently Asked Questions About Texas § IN.4055.010
What does The Texas Constitution § IN.4055.010 cover?
Section IN.4055.010 ("TREATMENT OF CERTAIN PREMIUMS") 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.4055.010?
A common citation format is "The Texas Constitution § IN.4055.010" (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.4055.010 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.