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Texas Insurance Code - INS § 2201.004. Agent License Required

Current as of January 01, 2024 | Updated by Findlaw Staff

(a) A person, firm, partnership, or corporation may not act or offer to act as an agent for, or aid in any manner in the solicitation, negotiation, or placement of insurance on behalf of, a risk retention group or purchasing group operating in this state or a group member in this state without first obtaining a license as an agent under:

(1) Chapter 4051, if a resident of this state;  or

(2) Chapter 4056, if a nonresident of this state.

(b) A person, firm, partnership, or corporation must comply with Chapter 981 before the person, firm, partnership, or corporation, on behalf of a purchasing group or a group member in this state:

(1) acts or offers to act as an agent for an insurer not authorized to engage in business in this state;  or

(2) aids in any manner in the solicitation, negotiation, or placement of insurance with an insurer not authorized to engage in business in this state.

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Cite this article: FindLaw.com - Texas Insurance Code - INS § 2201.004. Agent License Required - last updated January 01, 2024 | https://codes.findlaw.com/tx/insurance-code/ins-sect-2201-004/

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