| Issue Date: | 2007-09-01 |
|---|---|
| Revised Date: | 2020-09-18 |
Legal Citations
- Insurance Code sec. 4001.352, sec. 4054.301, sec. 4054.304
Object Type
Cash — Insurance
Origin Date
2007 by S.B. 1263, 80th Leg., R.S.
Description
A person is required to hold a life agent license if the person does not hold a general life, accident and health license and acts as:
- an agent writing coverage on human lives;
- an industrial life insurance agent;
- an agent writing fixed or variable annuity or life contracts;
- an agent writing in excess of $25,000 on a life for a stipulated premium; or
- an agent writing any other insurance for consumer protection required by the commissioner.
The department may charge a fee for an occupational provisional permit.
Due Date
Application and fee due before operating as agent; renewal 2 years from date of issue; fee due at time of application. Department may adopt staggered renewal system.
Collecting Agencies
Note
Amended by H.B. 2570, 81st Leg., R.S.
Provisional permit fee added by H.B. 2145, 84th Leg., R.S.
USAS Values
| Appropriation Year | 25 |
|---|---|
| USAS Title | INSURANCE AGENTS LICENSES |
| Receipt Category | 04 – Insurance |
| Receipt Type | 10 – Business/Professional Fees |
| Object Group | 30 – Revenues |
| USAS Status | A |
| Rev/Exp Category | 01 – LICENSES, FEES, FINES, AND PENALTIES |