Texas Insurance Code 4152.154 – Employment of Person by Insurer and Broker
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Terms Used In Texas Insurance Code 4152.154
- 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
A person may not be employed by an insurer and a broker with whom the insurer transacts business unless the broker is:
(1) under common control with the insurer; and
(2) subject to Chapter 823.