Texas Insurance Code

§ 941.101 — CERTIFICATE OF AUTHORITY REQUIRED

IN § 941.101Title 6. ORGANIZATION OF INSURERS AND RELATED ENTITIES · Part G. LLOYD'S PLAN AND RECIPROCAL AND INTERINSURANCE EXCHANGES · Ch. 941. LLOYD'S PLAN · Art. C. AUTHORITY TO ENGAGE IN BUSINESS

Statute text

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(a)An attorney in fact may not write insurance in this state or for residents of this state or covering property located in this state unless the attorney in fact holds a certificate of authority issued under this chapter.

(b)Except as otherwise provided by this chapter, an attorney in fact must:

(1)be a resident of this state; and

(2)maintain the attorney in fact's office in this state.

Legislative history

Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.