Texas Administrative Code
Title 28 - INSURANCE
Part 1 - TEXAS DEPARTMENT OF INSURANCE
Chapter 25 - INSURANCE PREMIUM FINANCE
Subchapter B - LICENSING AND REGULATION
Section 25.21 - When a Premium Finance License Is Required
Universal Citation: 28 TX Admin Code § 25.21
Current through Reg. 50, No. 26; June 27, 2025
(a) A premium finance license is required if a person:
(1) makes loans by entering into
premium finance agreements with insureds and prospective insureds;
(2) acquires premium finance agreements from
insurance agents, brokers, or other premium finance companies; or
(3) holds premium finance agreements made and
delivered by insureds payable to the person or his order.
(b) A premium finance license is not required if a person is a properly licensed local recording agent and finances premiums in accordance with the Insurance Code, Article 24.20.
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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