Texas Insurance Code 4051.051 – License Required
Current as of: 2024 | Check for updates
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(a) A person is required to hold a general property and casualty license if the person acts as:
(1) an agent who writes property and casualty insurance for an insurer authorized to engage in the business of property and casualty insurance in this state; or
(2) an agent who writes any other kind of insurance as required by the commissioner for the protection of the insurance consumers of this state.
Terms Used In Texas Insurance Code 4051.051
- Person: includes corporation, organization, government or governmental subdivision or agency, business trust, estate, trust, partnership, association, and any other legal entity. See Texas Government Code 311.005
- Property: means real and personal property. See Texas Government Code 311.005
(b) Notwithstanding Subsection (a), a person is not required to hold a general property and casualty license to engage in an activity described by Subsection (a) if the person:
(1) holds a license under this chapter as a personal lines property and casualty agent; and
(2) limits activities described by Subsection (a) to those activities authorized under the scope of the person’s license.