Tex. Ins. Code § 1115.0515

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

Section 1115.0515 - Conflict of Interest Obligation

(a) An agent shall take reasonable steps to discover a material conflict of interest, including a material conflict of interest related to an ownership interest.

(b) An agent shall:

(1) identify and avoid a material conflict of interest; or

(2) reasonably manage and disclose the conflict.

Tex. Ins. Code § 1115.0515

Added by Acts 2021, Texas Acts of the 87th Leg. - Regular Session, ch. 262,Sec. 9, eff. 9/1/2021.