Texas Insurance Code 4051.002 – Requirements Applicable to Certain Agent Contracts
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Terms Used In Texas Insurance Code 4051.002
- Contract: A legal written agreement that becomes binding when signed.
- Property: means real and personal property. See Texas Government Code 311.005
An agent’s contract entered into on or after August 27, 1973, by an insurer engaged in the business of property and casualty insurance in this state is subject to Chapter 444.