Tex. Ins. Code § 4151.005 · Subchapter A. GENERAL PROVISIONS
ADMINISTRATOR NOT INSURANCE AGENT.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) An administrator licensed in any state who accepts an agent's commission for coverage for a risk located in this state and disburses that commission to an agent in this state is not considered an agent for purposes of this state's laws relating to the licensing of agents.
(b) The exemption provided by this section does not authorize an administrator to perform any other act for which a license as an agent is required by law.
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.4151.htm
- Text hash
- sha256 dc406f7874360eb45fc5bbabe7eb7b3c7bcccad462d789972dab3e4b3e096a82
- 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 § 4151.005. Each shows the citation as that text prints it.
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