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TITLE 16ECONOMIC REGULATION
PART 4TEXAS DEPARTMENT OF LICENSING AND REGULATION
CHAPTER 57FOR-PROFIT LEGAL SERVICE CONTRACT COMPANIES
RULE §57.80Fees

(a) All fees are non-refundable.

(b) The original registration fee is:

  (1) $250 for a company that sells 0 to 1,000 legal service contracts during the twelve (12) months preceding the date of the application;

  (2) $500 for a company that sells 1,001 to 2,500 legal service contracts during the twelve (12) months preceding the date of the application;

  (3) $750 for a company that sells 2,501 or more legal service contracts during the twelve (12) months preceding the date of the application;

  (4) $20 for a sales representative; and

  (5) $25 for an administrator.

(c) The renewal registration fee is:

  (1) For a company that sells 0 to 1,000 legal service contracts during the twelve (12) months preceding the date of the application, $500 for registrations expiring before February 1, 2014; $250 for registrations expiring on or after February 1, 2014;

  (2) For a company that sells 1,001 to 2,500 legal service contracts during the twelve (12) months preceding the date of the application, $750 for registrations expiring before February 1, 2014; $500 for registrations expiring on or after February 1, 2014;

  (3) For a company that sells 2,501 or more legal service contracts during the twelve (12) months preceding the date of the application, $1,000 for registrations expiring before February 1, 2014; $750 for registrations expiring on or after February 1, 2014;

  (4) $20 for a sales representative; and

  (5) $50 for administrator registrations expiring before February 1, 2014; $25 for administrator registrations expiring on or after February 1, 2014.

(d) For purposes of subsection (b) if a company that sold no legal service contracts in this state in the preceding year previously sold prepaid legal service contracts under Article 5.13-1, Texas Insurance Code, the company's registration fee shall be based on the number of prepaid legal service contracts sold under the Texas Insurance Code in the preceding year.

(e) By March 1 of each year, companies must also pay an annual premium tax replacement fee. The premium tax replacement fee is equal to the difference between an amount equal to 1.7% of the amount a company collects for legal service contracts sold by the company in Texas in the previous year and the amount the company paid to the state in franchise taxes in the same year.

(f) Revised/Duplicate License/Certificate/Permit/Registration fees:

  (1) Company and administrator--$25

  (2) Sales representative--$20

(g) Late renewal fees for registrations issued under this chapter are provided for in §60.83 of this title (relating to Late Renewal Fees).


Source Note: The provisions of this §57.80 adopted to be effective June 28, 2004, 29 TexReg 6086; amended to be effective December 1, 2004, 29 TexReg 11027; amended to be effective February 1, 2012, 37 TexReg 318; amended to be effective January 1, 2014, 38 TexReg 9500

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