Section 1272.059 - Contracts With Delegated Third Party A delegation agreement required by Section 1272.052 must provide that:
(1) any agreement under which the delegated entity directly or indirectly delegates a function required by this chapter, Chapter 843, 1271, or 1367, Subchapter A, Chapter 1452, or Subchapter B, Chapter 1507, including the handling of funds, if applicable, to a delegated third party must be in writing; and(2) the delegated entity, in contracting with a delegated third party directly or through a third party, shall require the delegated third party to comply with the requirements of Section 1272.057 and any rules adopted by the commissioner implementing that section.Tex. Ins. Code § 1272.059
Amended By Acts 2005, 79th Leg., Ch. 728, Sec. 11.074(g), eff. 9/1/2005.Added by Acts 2003, 78th Leg., ch. 1274, Sec. 3, eff. 4/1/2005.