Texas Insurance Code
§ 981.212 — ACCEPTING SURPLUS LINES INSURANCE FROM OTHER AGENTS
IN § 981.212Title 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
View on source(a)A surplus lines agent may originate surplus lines insurance or accept surplus lines insurance from another agent who is licensed to handle the kind of insurance being accepted.
(b)A surplus lines agent who accepts surplus lines insurance from an agent may share a commission with that agent.
Legislative history
Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.