Texas Insurance Code 462.053 – Eligibility to Serve as Public Representative
Current as of: 2024 | Check for updates
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Terms Used In Texas Insurance Code 462.053
- 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 board member who is a public representative may not be:
(1) an officer, director, or employee of an insurer, insurance agency, agent, broker, adjuster, or any other business entity regulated by the department;
(2) a person required to register with the Texas Ethics Commission under Chapter 305, Government Code, in connection with the person’s representation of clients in the field of insurance; or
(3) related to a person described by Subdivision (1) or (2) within the second degree of affinity or consanguinity.