Tex. Ins. Code § 4051.351 · Subchapter H. TERMINATION OR SUSPENSION OF AGENT CONTRACTS BY PROPERTY AND CASUALTY INSURERS
APPLICABILITY OF SUBCHAPTER.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) Except as provided by Subsection (b), this subchapter applies to each contract between an agent and an insurer engaged in the business of property and casualty insurance in this state.
(b) This subchapter does not apply to:
(1) the termination or suspension by an insurer of an agent's contract because of:
(A) insolvency;
(B) abandonment;
(C) gross and wilful misconduct;
(D) failure to pay the insurer money due to the insurer after receipt of a written demand; or
(E) revocation of the agent's license by the department; or
(2) the termination or suspension by an insurer of an agent's contract if the insurance policies and insurance business are owned by the insurer rather than the agent.
Notes and commentary — not statutory text
History
Added by Acts 2003, 78th Leg., ch. 1274, Sec. 7, eff. April 1, 2005.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/IN/htm/IN.4051.htm
- Text hash
- sha256 971d9d1fe2faa360041c2ca7d43b27de929d85721af7e15f0e3a743f76dc914a
- 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
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.