Sec. 4001.159. SUSPENSION OR REVOCATION OF TEMPORARY APPOINTMENT POWERS OF AGENT, INSURER, OR HEALTH MAINTENANCE ORGANIZATION. (a) The department may suspend or revoke the temporary appointment powers of an agent, insurer, or health maintenance organization if, after notice and opportunity for hearing, the department determines that the agent, insurer, or health maintenance organization has abused the temporary appointment powers.
(b) In determining whether abuse has occurred, the department may consider:
(1) the number of temporary appointments made;
(2) the percentage of appointees taking the examination required for licensing as an agent, as provided by Section 4001.161; and
(3) the number of appointees who pass the examination.
Added by Acts 2003, 78th Leg., ch. 1274, Sec. 7, eff. April 1, 2005.
Section: Previous 4001.152 4001.153 4001.154 4001.155 4001.156 4001.157 4001.158 4001.159 4001.160 4001.161 4001.162 4001.201 4001.202 4001.203 4001.204 NextLast modified: September 28, 2016