Tex. Ins. Code § 4152.201 · Subchapter E. REQUIREMENTS RELATING TO MANAGERS
CONTRACT BETWEEN MANAGER AND INSURER.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) A manager and an insurer represented by the manager may enter into a transaction only under a written contract that:
(1) is executed by a responsible officer of both the manager and the insurer;
(2) is approved by the insurer's board of directors or attorney in fact;
(3) specifies the responsibilities of each party;
(4) identifies the rate, terms, and purpose of each commission, charge, or other fee the manager may assess the insurer; and
(5) at a minimum, incorporates the requirements of Sections 4152.202-4152.214.
(b) Not later than the 30th day before the date the insurer assumes or cedes business through the manager, a copy of the executed contract must be filed with the commissioner for approval.
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.4152.htm
- Text hash
- sha256 02d404509c7ef5d3b670e63fc7e5a0fb9821c682d3738036c59f6e28799a39b1
- 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
This section cites
Provisions in this library that the text above cites, as it prints each citation. A range cited as “ss. 61.13-61.16” links its first and last provisions.
Cited by 10 provisions
Provisions in this library whose text cites Tex. Ins. Code § 4152.201. Each shows the citation as that text prints it.
Insurance Code
- Tex. Ins. Code § 4152.202TERMINATION OF CONTRACT.Printed as Section 4152.201
- Tex. Ins. Code § 4152.203ACCOUNTING FOR TRANSACTIONS.Printed as Section 4152.201
- Tex. Ins. Code § 4152.204MANAGEMENT OF MONEY.Printed as Section 4152.201
- Tex. Ins. Code § 4152.206CONTRACT ASSIGNMENT PROHIBITED.Printed as Section 4152.201
- Tex. Ins. Code § 4152.207COMPLIANCE WITH UNDERWRITING AND RATING STANDARDS OF INSURER.Printed as Section 4152.201
- Tex. Ins. Code § 4152.208SETTLEMENT OF CLAIMS.Printed as Section 4152.201
- Tex. Ins. Code § 4152.209PAYMENT OF INTERIM PROFITS.Printed as Section 4152.201
- Tex. Ins. Code § 4152.211DISCLOSURE OF RELATIONSHIPS WITH OTHER INSURERS.Printed as Section 4152.201
- Tex. Ins. Code § 4152.215PROHIBITIONS.Printed as Section 4152.201
- Tex. Ins. Code § 4152.253REVIEW OF UNDERWRITING AND CLAIMS PROCESSING OPERATIONS.Printed as Section 4152.201
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.