Tex. Ins. Code § 101.054

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

Section 101.054 - Exception; Full-Time Salaried Employee

Section 101.051(b)(6) does not prohibit a full-time salaried employee of a corporate insured from acting as an insurance manager or buyer in placing insurance on behalf of:

(1) the employee's employer; or

(2) a parent or affiliated company of the employer.

Tex. Ins. Code § 101.054

Added by Acts 1999, 76th Leg., ch. 101, Sec. 1, eff. 9/1/1999.