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Texas Insurance Code - INS § 4001.352. Authority to Issue Provisional Permit

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

(a) The department may, in conjunction with a license application under Section 4001.102, issue a provisional permit to an applicant who is being considered for appointment as an agent by another agent, an insurer, or a health maintenance organization.

(b) The department may suspend the issuance of a provisional permit under this subchapter if:

(1) the department's processing time for license applications has not exceeded 21 days in any month in the preceding 90 days before the suspension;  and

(2) the department provides notice both on its Internet website and to applicants for provisional licenses that the provisional license applications are temporarily suspended because sufficient processing time for permanent licenses is available to allow for those licenses to be processed in not more than 21 days for a completed application.

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Cite this article: FindLaw.com - Texas Insurance Code - INS § 4001.352. Authority to Issue Provisional Permit - last updated January 01, 2024 | https://codes.findlaw.com/tx/insurance-code/ins-sect-4001-352/

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