EXCESS REVENUE COLLECTIONS AND INVESTMENT EARNINGS.
Tex. INS Code § 2210.635.
in effectWith respect to a financing arrangement entered into under Section 2210.632 , the association may use revenue collected in a calendar year from a premium surcharge, including earned interest, that exceeds the amount of the financing arrangement obligations and financing arrangement administrative expenses payable during that calendar year to:
(1) pay financing arrangement obligations payable in the subsequent calendar year, offsetting the amount of a premium surcharge that would otherwise be required to be levied for the year under this chapter;
(2) pay outstanding financing arrangement obligations; or
(3) deposit additional money into the catastrophe reserve trust fund.
Added by Acts 2025, 89th Leg., R.S., Ch. 895 (H.B. 3689 ), Sec. 1.15, eff. September 1, 2025.