Texas Statutes
§ 4054.251 — INSURANCE COMPANY LIABILITY FOR PAYMENT OF COMMISSIONS.
Texas § 4054.251
JurisdictionTexas
Code INInsurance Code
This text of Texas § 4054.251 (INSURANCE COMPANY LIABILITY FOR PAYMENT OF COMMISSIONS.) 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. § 4054.251 (2026).
Text
Sec. 4054.251. INSURANCE COMPANY LIABILITY FOR PAYMENT OF COMMISSIONS. A life insurance company that discontinues the business of issuing life insurance policies on the lives of residents of this state remains liable for the payment of renewal or service commissions on life insurance policies previously written by the company under the terms of the company's contracts previously made with agents residing in this state.
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Legislative History
Added by Acts 2003, 78th Leg., ch. 1274, Sec. 7, eff. April 1, 2005.
Nearby Sections
15
§ 4054.001
APPLICABILITY OF CHAPTER.§ 4054.051
LICENSE REQUIRED.§ 4054.052
COMBINATION LIFE INSURANCE AGENT.§ 4054.053
AUTHORITY TO WRITE ADDITIONAL LINES.§ 4054.101
LICENSE REQUIRED.§ 4054.102
DESIGNATION OF KINDS OF INSURANCE.§ 4054.103
TEMPORARY LICENSE.§ 4054.152
LICENSE ISSUANCE.§ 4054.153
COURSE.§ 4054.154
EXAMINATION.§ 4054.155
INVESTIGATION BY DEPARTMENT.§ 4054.156
WITHDRAWAL OF INSURER'S AUTHORITY.§ 4054.157
LIMIT ON AGENT'S AUTHORITY.§ 4054.158
REVOCATION; NOTIFICATION.Cite This Page — Counsel Stack
Bluebook (online)
Texas § 4054.251, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/IN/4054.251.