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Texas Insurance Code

§ 651.206 — SURRENDER OF LICENSE; EFFECT

IN § 651.206Title 5. PROTECTION OF CONSUMER INTERESTS · Part E. PREMIUM FINANCING · Ch. 651. FINANCING OF INSURANCE PREMIUMS · Art. E. DISCIPLINARY PROCEDURES AND PENALTIES; OFFENSES

Statute text

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(a)A license holder may surrender a license by delivering to the department written notice that the license holder surrenders the license.
(b)The surrender of a license does not affect any civil or criminal liability of the person for an act committed before the surrender.

Legislative history

Added by Acts 2003, 78th Leg., ch. 1274, Sec. 2, eff. April 1, 2005.