Sec. 4102.160. CERTAIN PAYMENTS PROHIBITED  


Latest version.
  • A license holder may not:

    (1) advance money to any potential client or insured;

    (2) pay, allow, or give, or offer to pay, allow, or give, directly or indirectly, to a person who is not a licensed public insurance adjuster a fee, commission, or other valuable consideration for the referral of an insured to the public insurance adjuster based on the insured entering into a contract with that public insurance adjuster; or

    (3) otherwise offer to pay a fee, commission, or other valuable consideration exceeding $100 to a person not licensed as a public insurance adjuster for referring an insured to the license holder.

Added by Acts 2005, 79th Leg., Ch. 728 , Sec. 11.082(a), eff. September 1, 2005.