Texas Statutes (Last Updated: January 4, 2014) |
TRANSPORTATION CODE |
Title 7. VEHICLES AND TRAFFIC |
Subtitle D. MOTOR VEHICLE SAFETY RESPONSIBILITY |
Chapter 601. MOTOR VEHICLE SAFETY RESPONSIBILITY ACT |
Subchapter N. FINANCIAL RESPONSIBILITY VERIFICATION PROGRAM |
Sec. 601.453. AGENT
Latest version.
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(a) The Texas Department of Insurance in consultation with the other implementing agencies, under a competitive bidding procedure, shall select an agent to develop, implement, operate, and maintain the program.
(b) The implementing agencies shall jointly enter into a contract with the selected agent.
(c) A contract under this section may not have a term of more than five years.
Added by Acts 2005, 79th Leg., Ch. 892 , Sec. 1, eff. September 1, 2005.