Code: 

Labor Code

Title: 

Title 5. Workers’ Compensation

Section: 

403.004

Name: 

Collection of Tax After Withdrawal From Business [Effective January 1, 2026 – Collection of Surcharge After Withdrawal From Business]

Eff. Date: 

September 1, 2005

No Rule Reference

§403.004
Collection of Tax After Withdrawal From Business [Effective January 1, 2026 – Collection of Surcharge After Withdrawal From Business]

The commissioner or the commissioner of insurance immediately shall proceed to collect taxes due under this chapter from an insurance carrier that withdraws from business in this state, using legal process as necessary.

Acts 1993, 73rd Leg., ch. 269, § 1, eff. Sept. 1, 1993. Amended by Acts 2005, 79th Leg., ch. 265, § 3.012, eff. Sept. 1, 2005.

Effective January 1, 2026

The commissioner or the commissioner of insurance immediately shall proceed to collect surcharges due under this chapter from an insurance carrier that withdraws from business in this state, using legal process as necessary.

Acts 1993, 73rd Leg., ch. 269, § 1, eff. Sept. 1, 1993. Amended by Acts 2005, 79th Leg., ch. 265, § 3.012, eff. Sept. 1, 2005. Amended by Acts 2025, 89th Leg., ch. ___, § ______, eff. Jan. 1, 2026.