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Texas Insurance Code - INS § 651.106. Business Premises

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

(a) Except as provided by Subsection (b), a license holder may engage in the business of insurance premium financing:

(1) in any office, suite, room, or place of business in which any other business is solicited or engaged in; or

(2) in association or in conjunction with any other business.

(b) Subsection (a) does not apply if the department:

(1) determines, after a hearing, that the conduct by the license holder of the other business at the location for which the license was issued has concealed evasions of this chapter; and

(2) orders the license holder in writing to stop engaging in the business of insurance premium financing at that location.

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Cite this article: FindLaw.com - Texas Insurance Code - INS § 651.106. Business Premises - last updated January 01, 2024 | https://codes.findlaw.com/tx/insurance-code/ins-sect-651-106/

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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