Tex. Ins. Code § 4051.352 · Subchapter H. TERMINATION OR SUSPENSION OF AGENT CONTRACTS BY PROPERTY AND CASUALTY INSURERS
SUSPENSION OF AGENT'S CONTRACT; OTHER DEFINITIONS.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) For purposes of this subchapter, "suspension," with regard to an agent's contract, means the temporary cessation of business relations between an insurer and an agent and refusal by the insurer to accept insurance contracts submitted by the agent. The term does not include a situation in which business is suspended immediately after a natural disaster.
(b) The commissioner shall adopt reasonable rules to provide definitions necessary to accomplish the purposes of this subchapter.
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 fe4eeef78ad969d330f3691823edf1b36097da76294b85b341a2f72e8b8dad13
- 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.