Texas Statutes (Last Updated: January 4, 2014) |
INSURANCE CODE |
Title 6. ORGANIZATION OF INSURERS AND RELATED ENTITIES |
Subtitle I. COMPANIES THAT ARE NOT ORGANIZED IN TEXAS |
Chapter 981. SURPLUS LINES INSURANCE |
Subchapter E. SURPLUS LINES AGENTS |
Sec. 981.221. SUSPENSION OR REVOCATION OF LICENSE
Latest version.
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If a license holder does not maintain the qualifications necessary to obtain the license, the department may revoke or suspend the license or deny the renewal of that license in accordance with Chapter 4003 and Subchapters B and C, Chapter 4005.
Added by Acts 2003, 78th Leg., ch. 1276, Sec. 10A.229(b), eff. Sept. 1, 2003. Amended by: Acts 2007, 80th Leg., R.S., Ch. 730 , Sec. 2E.134, eff. April 1, 2009.