Tex. Ins. Code § 1115.0505 · Subchapter B. DUTIES OF INSURERS AND AGENTS
AGENTS EXERCISING MATERIAL CONTROL.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) This subchapter applies to each agent who:
(1) exercises material control or influence in making a recommendation or sale; and
(2) receives direct compensation as a result of the recommendation or sale, regardless of whether the agent has direct contact with the consumer.
(b) Activities that do not constitute material control or influence include providing or delivering marketing or educational materials, product wholesaling or other back office product support, general supervision of an agent, and similar activities.
Notes and commentary — not statutory text
History
Added by Acts 2021, 87th Leg., R.S., Ch. 262 (H.B. 1777), Sec. 6, eff. September 1, 2021.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/IN/htm/IN.1115.htm
- Text hash
- sha256 67d8fba53c3f6081e70f315d840cf6e11965e9ee724224eb34654cebdad750f8
- Composed by
- compose_tx.py 2026-10-05: the Legislative Council's chapter files read in document order; verify_tx.py's independent reading (lxml DOM walk) agrees character for character
Cited by 1 provision
Provisions in this library whose text cites Tex. Ins. Code § 1115.0505. Each shows the citation as that text prints it.
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.