Texas Insurance Code § 4001.358 Compliance With Other Law

Sec. 4001.358. COMPLIANCE WITH OTHER LAW. (a) A provisional permit holder who is acting under the authority of that permit is subject to all provisions of this code regulating the solicitation and sale of insurance that relate to the type of permanent license for which the provisional permit holder applied.

(b) A provisional permit holder that applied for a life and annuity license must comply with Chapter 1114 with respect to the replacement of life insurance policies and annuities.

(c) A person who holds a permanent license may not circumvent or attempt to circumvent the intent of this section by acting for or with a provisional permit holder.

Added by Acts 2015, 84th Leg., R.S., Ch. 404 (H.B. 2145), Sec. 1, eff. September 1, 2015.

Section: Previous  4001.254  4001.255  4001.301  4001.302  4001.303  4001.304  4001.305  4001.351  4001.352  4001.353  4001.354  4001.355  4001.356  4001.357  4001.358

Last modified: September 28, 2016