Section 651.054 - Application for License; Investigation Fee; Exemption(a) An application for a license to engage in the business of insurance premium financing must:(1) be in writing on a form prescribed by the commissioner; and(2) be accompanied by a nonrefundable investigation fee in an amount not to exceed $400 as established by the department.(b) A person who on January 1, 1980, held a license under Chapter 3, Title 79, Revised Statutes (Article 5069-3.01 et seq., Vernon's Texas Civil Statutes), is not required to pay an investigation fee.(c) Section 201.001 applies to fees collected under this section.Added by Acts 2003, 78th Leg., ch. 1274, Sec. 2, eff. 4/1/2005.