Tex. Ins. Code § 4001.053

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 4001.053 - Personal Liability for Acting As Agent

A person who takes an action listed in Section 4001.051 for or on behalf of an insurer before the insurer complies with the requirements of the laws of this state is personally liable to the holder of any insurance policy with respect to which the action was taken for any loss covered by the insurance policy.

Tex. Ins. Code § 4001.053

Added by Acts 2003, 78th Leg., ch. 1274, Sec. 7, eff. 4/1/2005.