Section 4056.052 - Issuance of License to Nonresident Agent Licensed in Other State(a) The department shall issue a license to an applicant under this chapter if: (1) the applicant holds a license in good standing as an agent in the applicant's state of residence; and(2) the applicant's state of residence will grant a nonresident agent license on a reciprocal basis to a resident agent of this state.(b) The department may issue a reciprocal nonresident agent license to an applicant if the authority granted by the license issued by the applicant's state of residence is generally comparable to the authority granted by a license issued by this state.(c) A license issued under this section shall be automatically suspended, canceled, or revoked if the licensee's home state suspends, cancels, or revokes the licensee's corresponding resident license.Tex. Ins. Code § 4056.052
Amended by Acts 2021, Texas Acts of the 87th Leg. - Regular Session, ch. 355,Sec. 19, eff. 9/1/2021.Added by Acts 2003, 78th Leg., ch. 1274, Sec. 7, eff. 4/1/2005.