Texas Statutes (Last Updated: January 4, 2014) |
INSURANCE CODE |
Title 13. REGULATION OF PROFESSIONALS |
Subtitle D. OTHER PROFESSIONALS |
Chapter 4152. REINSURANCE INTERMEDIARIES |
Subchapter D. REQUIREMENTS RELATING TO BROKERS |
Sec. 4152.154. EMPLOYMENT OF PERSON BY INSURER AND BROKER
Latest version.
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A person may not be employed by an insurer and a broker with whom the insurer transacts business unless the broker is:
(1) under common control with the insurer; and
(2) subject to Chapter 823.
Added by Acts 2003, 78th Leg., ch. 1274, Sec. 7, eff. April 1, 2005.