§ 257.001 Maintenance Tax Imposed
§ 257.002 Maximum Rate; Annual Adjustment
§ 257.003 Premiums and Considerations Subject to Taxation; Limit
§ 257.004 Maintenance Tax Due Dates

Terms Used In Texas Insurance Code Chapter 257 - Life, Health, and Accident Insurance

  • Annuity: A periodic (usually annual) payment of a fixed sum of money for either the life of the recipient or for a fixed number of years. A series of payments under a contract from an insurance company, a trust company, or an individual. Annuity payments are made at regular intervals over a period of more than one full year.
  • Comptroller: means the state comptroller of public accounts. See Texas Government Code 312.011
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Succeeding: means immediately following. See Texas Government Code 312.011
  • United States: includes a department, bureau, or other agency of the United States of America. See Texas Government Code 311.005
  • Year: means 12 consecutive months. See Texas Government Code 311.005