(a) A person may not act as a broker or manager in this state for an insurer engaged in the business of insurance or reinsurance in this state unless the person holds an appropriate license under this chapter.
(b) A person who holds a manager license is not required to obtain a broker license but must comply with Subchapter D to act as a broker.

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Terms Used In Texas Insurance Code 4152.051

  • 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