Sec. 444.003. EFFECT OF CHAPTER ON ACTION BY RECEIVER AGAINST AGENT  


Latest version.
  • This chapter does not prejudice a cause of action by the receiver against an agent to recover:

    (1) unearned premiums that were not returned to policyholders; or

    (2) earned premiums that were not promptly remitted to the receiver.

Amended by: Acts 2007, 80th Leg., R.S., Ch. 730 , Sec. 3B.004(ss), eff. September 1, 2007. Redesignated from Insurance Code, Section 442.803 by Acts 2007, 80th Leg., R.S., Ch. 921 , Sec. 9.004(a)(2), eff. September 1, 2007. Amended by: Acts 2007, 80th Leg., R.S., Ch. 921 , Sec. 9.004(ss), eff. September 1, 2007.