Tex. Ins. Code § 4054.206

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.

Section 4054.206 - Limit on Agent's Authority

An insurance agent licensed under this subchapter may not write any coverage or combination of coverages with an initial guaranteed death benefit that exceeds $25,000 on any life.

Tex. Ins. Code § 4054.206

Amended By Acts 2009, 81st Leg., R.S., Ch. 1309, Sec. 10, eff. 9/1/2009.

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