Sec. 396.151. APPLICATION TO OPERATE UNDER OTHER AUTHORIZATION INSTEAD OF REGISTRATION. (a) To engage in business in this state, a foreign agency that is exempt from registration as prescribed by Section 396.102 may file an application with the department to operate under that authorization by filing:
(1) the information required for an application for registration under Section 396.103;
(2) a surety bond or deposit of money that meets the requirements of Section 396.105 unless the agency provides proof to the satisfaction of the department that the agency maintains in the state in which that agency has its principal office an adequate bond or similar instrument for purposes similar to the purposes required for the filing of a surety bond under Section 396.105; and
(3) a copy of the license or other authorization issued by the state in which that agency is authorized to operate.
(b) The department may charge a single administrative fee in a reasonable amount that is sufficient to cover the costs of the department in processing and acting on the application.
Added by Acts 2001, 77th Leg., ch. 1023, Sec. 73, eff. Sept. 1, 2001.
Section: Previous 396.102 396.103 396.104 396.105 396.106 396.107 396.108 396.151 396.152 396.153 396.154 396.201 396.202 396.203 396.251 NextLast modified: September 28, 2016