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Texas Insurance Code

§ 981.203 — QUALIFICATIONS FOR SURPLUS LINES LICENSE

IN § 981.203Title 6. ORGANIZATION OF INSURERS AND RELATED ENTITIES · Part I. SURPLUS LINES INSURERS; COMPANIES NOT ORGANIZED IN TEXAS · Ch. 981. SURPLUS LINES INSURANCE · Art. E. SURPLUS LINES AGENTS

Statute text

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(a)The department may issue a surplus lines license to an applicant who the department determines complies with Subsection (b) and is:
(1)an individual who:
(A)has passed an examination under Chapter 4002 and department rules; and
(B)holds a current license as:
(i)a general property and casualty agent authorized under Subchapter B, Chapter 4051; or
(ii)a managing general agent; or

Legislative history

Acts 2005, 79th Leg., Ch. 402 (S.B. 1564), Sec. 1, eff. January 1, 2006. Acts 2007, 80th Leg., R.S., Ch. 548 (S.B. 1263), Sec. 2.09, eff. September 1, 2007. Acts 2007, 80th Leg., R.S., Ch. 730 (H.B. 2636), Sec. 2E.132, eff. April 1, 2009. Acts 2009, 81st Leg., R.S., Ch. 87 (S.B. 1969), Sec. 14.012, eff. September 1, 2009. Acts 2013, 83rd Leg., R.S., Ch. 562 (S.B. 697), Sec. 1, eff. January 1, 2014.