Texas Insurance Code 201.002 – Accounting Procedure
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Terms Used In Texas Insurance Code 201.002
- Comptroller: means the state comptroller of public accounts. See Texas Government Code 312.011
The commissioner shall maintain a procedure to account for the receipt, disbursement, and allocation of money deposited in the Texas Department of Insurance operating account, including recordkeeping procedures adequate for:
(1) the commissioner or comptroller, as applicable, to adjust the tax assessments and fee schedules as authorized by this code; and
(2) the state auditor to determine the source of all receipts and expenditures.