Texas § 884.405 AGENT; LICENSE.

Texas Statutes

§ 884.405 — AGENT; LICENSE.

Texas § 884.405

Code INInsurance Code

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Bluebook

Tex. Insurance Code Code Ann. § 884.405 (2026).

Text

Sec. 884.405. AGENT; LICENSE.

(a)An agent may not solicit or write any coverage authorized by this subchapter unless the agent:

(1)holds a license issued under Chapter 4054 ; and

(2)is appointed by the stipulated premium company for which the agent is soliciting and writing coverage under this subchapter.

(b)The commissioner may issue under Chapter 4054 a license for an agent to solicit and write any coverage authorized by this subchapter for a stipulated premium company. Chapter 4054 applies to the stipulated premium company as if the company were a legal reserve life insurance company.

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Sec. 884.405. AGENT; LICENSE. (a) An agent may not solicit or write any coverage authorized by this subchapter unless the agent:
(1) holds a license issued under Chapter 4054 ; and
(2) is appointed by the stipulated premium company for which the agent is soliciting and writing coverage under this subchapter.
(b) The commissioner may issue under Chapter 4054 a license for an agent to solicit and write any coverage authorized by this subchapter for a stipulated premium company. Chapter 4054 applies to the stipulated premium company as if the company were a legal reserve life insurance company.

Legislative History

Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003. Amended by: Acts 2007, 80th Leg., R.S., Ch. 730 (H.B. 2636 ), Sec. 2E.087, eff. April 1, 2009.