Texas Administrative Code
Title 28 - INSURANCE
Part 1 - TEXAS DEPARTMENT OF INSURANCE
Chapter 19 - LICENSING AND REGULATION OF INSURANCE PROFESSIONALS
Subchapter I - GENERAL PROVISIONS REGARDING FEES, APPLICATIONS, AND RENEWALS
Section 19.804 - Application for a New Entity License
Universal Citation: 28 TX Admin Code § 19.804
Current through Reg. 50, No. 13; March 28, 2025
(a) An entity applicant for new license must submit a completed original application to TDI.
(b) A licensed individual officer or active partner, required for an entity license, must hold the same or greater license authority as the entity, based on lines the agent and entity are authorized to write. For example:
(1) a county mutual agent may only be the
agent for a county mutual insurance entity license holder; and
(2) a general lines property and casualty
agent may be the agent for a county mutual insurance entity license holder, or
any other type of property and casualty insurance entity license
holder.
(c) Each person acting on behalf of the licensed entity:
(1)
may act for the entity only within the authority of the entity's
license;
(2) must be appointed
directly by an insurer or as a subagent as provided in §
19.801(c) of
this title; and
(3) must hold a
license authority qualifying that person to act that is separate from the
entity's licensed authority. The agent may not exceed the agent's licensed
authority even if the entity license holder has a greater license
authority.
Disclaimer: These regulations may not be the most recent version. Texas may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
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