Texas § 1115.0505 AGENTS EXERCISING MATERIAL CONTROL.

Texas Statutes

§ 1115.0505 — AGENTS EXERCISING MATERIAL CONTROL.

Texas § 1115.0505

Code INInsurance Code

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Bluebook

Tex. Insurance Code Code Ann. § 1115.0505 (2026).

Text

Sec. 1115.0505. AGENTS EXERCISING MATERIAL CONTROL.

(a)This subchapter applies to each agent who:

(1)exercises material control or influence in making a recommendation or sale; and

(2)receives direct compensation as a result of the recommendation or sale, regardless of whether the agent has direct contact with the consumer.

(b)Activities that do not constitute material control or influence include providing or delivering marketing or educational materials, product wholesaling or other back office product support, general supervision of an agent, and similar activities.

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Sec. 1115.0505. AGENTS EXERCISING MATERIAL CONTROL. (a) This subchapter applies to each agent who:
(1) exercises material control or influence in making a recommendation or sale; and
(2) receives direct compensation as a result of the recommendation or sale, regardless of whether the agent has direct contact with the consumer.
(b) Activities that do not constitute material control or influence include providing or delivering marketing or educational materials, product wholesaling or other back office product support, general supervision of an agent, and similar activities.