Texas Insurance Code Chapter 257 – Life, Health, and Accident Insurance
Current as of: 2024 | Check for updates
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§ 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