Tex. Ins. Code § 981.220

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 981.220 - Managing General Agents; Limited Authority of Certain Agents

A surplus lines license granted to a managing general agent who is not also licensed under Chapter 4051 is limited to the acceptance of business originating through a licensed general property and casualty agent. The license does not authorize the agent to engage in business directly with the insurance applicant.

Tex. Ins. Code § 981.220

Amended By Acts 2007, 80th Leg., R.S., Ch. 548, Sec. 2.10, eff. 9/1/2007.
Amended by Acts 2003, 78th Leg., ch. 1276, Sec. 10A.234(a), eff. 9/1/2003.
Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. 6/1/2003.