Texas Statutes
§ 4053.106 — FIDUCIARY CAPACITY.
Texas § 4053.106
JurisdictionTexas
Code INInsurance Code
This text of Texas § 4053.106 (FIDUCIARY CAPACITY.) is published on Counsel Stack Legal Research, covering Texas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Tex. Insurance Code Code Ann. § 4053.106 (2026).
Text
Sec. 4053.106. FIDUCIARY CAPACITY. A managing general agent holds money on behalf of an insured or insurer in a fiduciary capacity and shall properly account for that money as required by law, department rules, and a contract with an insurer. The department's examiners may audit money held in a fiduciary capacity.
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Related
National Plan Administrators, Inc. v. National Health Insurance Co.
235 S.W.3d 695 (Texas Supreme Court, 2007)
Lincoln General Insurance v. U.S. Auto Insurance Services, Inc.
787 F.3d 716 (Fifth Circuit, 2015)
Lincoln General Insurance v. U.S. Auto Insurance Services, Inc.
892 F. Supp. 2d 787 (N.D. Texas, 2012)
Lincoln General Insurance v. U.S. Auto Insurance Services
809 F. Supp. 2d 582 (N.D. Texas, 2011)
Legislative History
Added by Acts 2003, 78th Leg., ch. 1274, Sec. 7, eff. April 1, 2005.
Nearby Sections
15
§ 4053.001
DEFINITIONS.§ 4053.002
EXCEPTION.§ 4053.003
INAPPLICABILITY OF CHAPTER.§ 4053.004
REGULATION OF MANAGING GENERAL AGENTS.§ 4053.005
RULES.§ 4053.051
LICENSE REQUIRED; EXEMPTIONS.§ 4053.053
SINGLE LICENSE REQUIRED.§ 4053.054
NOTICE AND APPROVAL OF APPOINTMENT.§ 4053.055
LAPSE OF LICENSE.§ 4053.101
GENERAL POWERS AND DUTIES.§ 4053.102
CONTRACTS.§ 4053.103
ACCOUNT REPORT.§ 4053.104
SEPARATE RECORDS.§ 4053.105
ESCROW ACCOUNT.§ 4053.106
FIDUCIARY CAPACITY.Cite This Page — Counsel Stack
Bluebook (online)
Texas § 4053.106, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/IN/4053.106.