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Texas Insurance Code - INS § 651.054. Application for License; Investigation Fee; Exemption

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

(a) An application for a license to engage in the business of insurance premium financing must:

(1) be in writing on a form prescribed by the commissioner; and

(2) be accompanied by a nonrefundable investigation fee in an amount not to exceed $400 as established by the department.

(b) A person who on January 1, 1980, held a license under Chapter 3, Title 79, Revised Statutes (Article 5069-3.01 et seq., Vernon's Texas Civil Statutes), is not required to pay an investigation fee.

(c) Section 201.001 applies to fees collected under this section.

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Cite this article: FindLaw.com - Texas Insurance Code - INS § 651.054. Application for License; Investigation Fee; Exemption - last updated January 01, 2024 | https://codes.findlaw.com/tx/insurance-code/ins-sect-651-054/

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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