Tex. Ins. Code § 4001.002

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.

Section 4001.002 - Applicability

(a) Except as otherwise provided by this code, this title applies to each person licensed under:

(1) Subchapter H, Chapter 885;

(2) Subchapter F, Chapter 911;

(3) Section 912.251;

(4) Subchapter E, Chapter 981;

(5) Subchapter D, Chapter 1152;

(6) Subchapter C or D of this chapter;

(7) Subtitle B, C, or D of this title; or

(8) Subsection (c), Article 5.13-1.

(a-1) Except as otherwise provided by this code, this title applies to each individual who holds a specialty certification under Subchapter H, Chapter 4054.

(b) This title does not apply to:

(1) a resident of this state who arbitrates in the adjustment of losses between an insurer and an insured, a marine adjuster who adjusts particular or general average losses of vessels or cargoes if the adjuster paid an occupation tax of $200 for the year in which the adjustment is made, or a practicing attorney at law in this state, acting in the regular transaction of the person's business as an attorney at law, who is not a local agent and is not acting as an adjuster for an insurer;

(2) an attorney in fact or the traveling salaried representative of a reciprocal or interinsurance exchange admitted to engage in the business of insurance in this state as to business transacted through the attorney in fact or salaried representative;

(3) the attorney in fact for a Lloyd's plan;

(4) the group motor vehicle insurance business or the group motor vehicle department of a company engaged in that business; or

(5) a salaried employee who is not involved in soliciting or negotiating insurance in the office of an agent and who devotes the employee's full time to clerical and administrative services, including the incidental taking of information from customers and receipt of premiums in the office of an agent, if:

(A) the employee does not receive any commissions; and

(B) the employee's compensation is not varied by the volume of premiums taken and received.

Tex. Ins. Code § 4001.002

Amended by Acts 2021, Texas Acts of the 87th Leg. - Regular Session, ch. 355,Sec. 7, eff. 9/1/2021.

Amended by Acts 2019, Texas Acts of the 86th Leg.- Regular Session, ch. 643,Sec. 16, eff. 9/1/2019.

Amended By Acts 2009, 81st Leg., R.S., Ch. 1338, Sec. 2, eff. 9/1/2009.

Amended By Acts 2007, 80th Leg., R.S., Ch. 730, Sec. 2J.001, eff. 4/1/2009.

Added by Acts 2003, 78th Leg., ch. 1274, Sec. 7, eff. 4/1/2005.