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Current as of January 01, 2024 | Updated by Findlaw Staff
(a) The preparation or delivery by an insurance agent of a premium finance agreement or disclosure statement required by Section 651.155 on behalf of the insured does not constitute engaging in business as an insurance premium finance company.
(b) Subsection (a) does not apply to a premium finance agreement held for the benefit of the insurance agent as provided by Section 651.001(3)(C).
(c) This chapter does not apply to a health care sharing ministry operated under Chapter 1681.
Cite this article: FindLaw.com - Texas Insurance Code - INS § 651.002. Certain Conduct Not Engaging in Business as Insurance Premium Finance Company - last updated January 01, 2024 | https://codes.findlaw.com/tx/insurance-code/ins-sect-651-002/
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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