Section 2201.005 - Exemption From Certain Requirements(a) A provision of Chapter 981, 4055, or 4056 does not apply to an agent described by Subsection (b) if the provision:(1) requires residency in this state;(2) requires countersignatures;(3) prohibits the solicitation of insurance in this state by a nonresident or the payment of commissions to a nonresident; or(4) prohibits a nonresident from acting as a surplus or excess lines agent.(b) The exemption provided by Subsection (a) applies to an agent licensed under Chapter 981, 4055, or 4056 who is acting on behalf of a risk retention group or purchasing group operating in this state or a group member in this state in providing or placing liability insurance for risks located in this state.Tex. Ins. Code § 2201.005
Added by Acts 2005, 79th Leg., Ch. 727, Sec. 2, eff. 4/1/2007.