Sec. 4053.104. SEPARATE RECORDS  


Latest version.
  • (a) For each insurer with which a managing general agent has a contract, the agent shall maintain separate records of the business handled by the agent for the insurer.

    (b) The managing general agent shall make a record required under Subsection (a) available for inspection by:

    (1) each insurer; and

    (2) the department's examiners.

Added by Acts 2003, 78th Leg., ch. 1274, Sec. 7, eff. April 1, 2005.