Sec. 4001.053. PERSONAL LIABILITY FOR ACTING AS AGENT. A person who takes an action listed in Section 4001.051 for or on behalf of an insurer before the insurer complies with the requirements of the laws of this state is personally liable to the holder of any insurance policy with respect to which the action was taken for any loss covered by the insurance policy.
Added by Acts 2003, 78th Leg., ch. 1274, Sec. 7, eff. April 1, 2005.
Section: Previous 4001.005 4001.006 4001.007 4001.008 4001.009 4001.051 4001.052 4001.053 4001.054 4001.101 4001.102 4001.103 4001.104 4001.105 4001.106 NextLast modified: September 28, 2016