Texas Insurance Code

§ 463.054 — ELIGIBILITY TO SERVE AS PUBLIC REPRESENTATIVE

IN § 463.054Title 4. REGULATION OF SOLVENCY · Part D. GUARANTY ASSOCIATIONS · Ch. 463. TEXAS LIFE AND HEALTH INSURANCE GUARANTY ASSOCIATION · Art. B. GOVERNANCE OF AND PARTICIPATION IN ASSOCIATION

Statute text

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To be eligible to serve as a public representative, an individual may not:

(1)be an officer, director, or employee of an insurer, insurance agency, agent, broker, solicitor, adjuster, or other business entity regulated by the department;

(2)be a person required to register under Chapter 305, Government Code; or

(3)be related within the second degree by affinity or consanguinity to a person described by Subdivision (1) or (2).

Legislative history

Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 1, eff. April 1, 2007.