Texas § 4054.201 LICENSE ISSUANCE; EXCEPTION.

Texas Statutes

§ 4054.201 — LICENSE ISSUANCE; EXCEPTION.

Texas § 4054.201

Code INInsurance Code

This text of Texas § 4054.201 (LICENSE ISSUANCE; EXCEPTION.) 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. § 4054.201 (2026).

Text

Sec. 4054.201. LICENSE ISSUANCE; EXCEPTION.

(a)The department shall issue a license to an individual applicant to act as an agent who writes only life insurance policies in an amount that does not exceed $25,000 on any one life on receipt of certification from a stipulated premium company, a statewide mutual assessment company, a local mutual aid association, or a local mutual burial association, that the applicant has:

(1)completed a course of study and instruction in compliance with this subchapter; and

(2)passed without aid a written examination administered by the insurer.

(b)A license is not required under this subchapter for an agent who, in the preceding calendar year, wrote policies that generated, in the aggregate, less than $20,000 in direct premium.

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Sec. 4054.201. LICENSE ISSUANCE; EXCEPTION. (a) The department shall issue a license to an individual applicant to act as an agent who writes only life insurance policies in an amount that does not exceed $25,000 on any one life on receipt of certification from a stipulated premium company, a statewide mutual assessment company, a local mutual aid association, or a local mutual burial association, that the applicant has:
(1) completed a course of study and instruction in compliance with this subchapter; and
(2) passed without aid a written examination administered by the insurer.
(b) A license is not required under this subchapter for an agent who, in the preceding calendar year, wrote policies that generated, in the aggregate, less than $20,000 in direct premium.

Legislative History

Added by Acts 2003, 78th Leg., ch. 1274, Sec. 7, eff. April 1, 2005. Amended by: Acts 2009, 81st Leg., R.S., Ch. 1309 (H.B. 2570 ), Sec. 9, eff. September 1, 2009.