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Texas Insurance Code - INS § 4005.106. Application for License After Certain Determinations

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

(a) In addition to any other penalty imposed under this code, a person who the department determines has engaged in conduct described by this section may not obtain a license as an agent before the fifth anniversary of the date of the determination.

(b) This section applies to a person who:

(1) acts as an agent without holding a license under this code;

(2) solicits an insurance contract or acts as an agent without having been appointed or designated by an authorized insurer, association, or organization to do so as provided by this code;

(3) solicits an insurance contract or acts as an agent for a person, including an insurer, association, or organization, who is not authorized to engage in the business of insurance in this state without holding a surplus lines agent license issued under Chapter 981;  or

(4) as an officer or representative of an insurer, knowingly contracts with or appoints as an agent a person who does not hold a valid license.

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Cite this article: FindLaw.com - Texas Insurance Code - INS § 4005.106. Application for License After Certain Determinations - last updated January 01, 2024 | https://codes.findlaw.com/tx/insurance-code/ins-sect-4005-106/

FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.

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