State of Texas – Fiscal Management

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Revenue Object 3210 – Insurance Agents Licenses – Portable Electronic Devices Vendor

 

Legal Citations:
Revenue Type: Cash — Insurance
Origin Date: 2009 by H.B. 2569, H.B. 4583, 81st Leg., R.S.
Issue Date: 2009-09-01
Revised Date: 2015-10-07

Description


A specialty license may be issued to a portable electronic devices vendor for a fee up to $5,000 to cover administration. A licensed vendor may act as an agent for an authorized insurer to offer coverage on portable electronic devices.



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.



Notes




USAS Values


Appropriation Year 26
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



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