Texas § 4056.052 ISSUANCE OF LICENSE TO NONRESIDENT AGENT LICENSED IN OTHER STATE.

Texas Statutes

§ 4056.052 — ISSUANCE OF LICENSE TO NONRESIDENT AGENT LICENSED IN OTHER STATE.

Texas § 4056.052

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This text of Texas § 4056.052 (ISSUANCE OF LICENSE TO NONRESIDENT AGENT LICENSED IN OTHER STATE.) 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. § 4056.052 (2026).

Text

Sec. 4056.052. ISSUANCE OF LICENSE TO NONRESIDENT AGENT LICENSED IN OTHER STATE.

(a)The department shall issue a license to an applicant under this chapter if:

(1)the applicant holds a license in good standing as an agent in the applicant's state of residence; and

(2)the applicant's state of residence will grant a nonresident agent license on a reciprocal basis to a resident agent of this state.

(b)The department may issue a reciprocal nonresident agent license to an applicant if the authority granted by the license issued by the applicant's state of residence is generally comparable to the authority granted by a license issued by this state.

(c)A license issued under this section shall be automatically suspended, canceled, or revoked if the licensee's home state suspends, cancels, or

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Sec. 4056.052. ISSUANCE OF LICENSE TO NONRESIDENT AGENT LICENSED IN OTHER STATE. (a) The department shall issue a license to an applicant under this chapter if:
(1) the applicant holds a license in good standing as an agent in the applicant's state of residence; and
(2) the applicant's state of residence will grant a nonresident agent license on a reciprocal basis to a resident agent of this state.
(b) The department may issue a reciprocal nonresident agent license to an applicant if the authority granted by the license issued by the applicant's state of residence is generally comparable to the authority granted by a license issued by this state.
(c) A license issued under this section shall be automatically suspended, canceled, or revoked if the licensee's home state suspends, cancels, or revokes the licensee's corresponding resident license.

Legislative History

Added by Acts 2003, 78th Leg., ch. 1274, Sec. 7, eff. April 1, 2005. Amended by: Acts 2021, 87th Leg., R.S., Ch. 355 (H.B. 4030 ), Sec. 19, eff. September 1, 2021.