Texas § IN.883.207 - PREMIUM TAX

Full text of Texas The Texas Constitution § IN.883.207 — PREMIUM TAX, with citation guidance and answers to common questions.

§ IN.883.207. PREMIUM TAX

PREMIUM TAX. Each domestic or foreign mutual insurance company organized or operating under this chapter is subject to taxes imposed by law on that company. The company shall pay the tax on the gross premiums received for direct insurance written on property or risks located in this state. The tax payable must be computed on the portion of the gross premiums remaining after deducting: (1) premiums charged on policies not taken; (2) premiums returned on canceled policies; and (3) any refund or other return made to the policyholders other than for the incurrence of a loss. Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003. SUBCHAPTER O. CRIMINAL PENALTIES

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Frequently Asked Questions About Texas § IN.883.207

What does The Texas Constitution § IN.883.207 cover?

Section IN.883.207 ("PREMIUM TAX") 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.883.207?

A common citation format is "The Texas Constitution § IN.883.207" (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.883.207 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.