Tex. Insurance Code § 33.002
This is the official text of Tex. Insurance Code § 33.002, part of Texas’s Insurance Code — regulates insurance companies and the policies they sell.
Not legal advice. This page reproduces the official text of a government statute for reference only. Laws change, and how a statute applies depends on your specific facts. For advice about your situation, consult a licensed attorney in your state.
§ 33.002. INSURANCE BUSINESS INTEREST; SERVICE AS COMMISSIONER.
Official statutory text
(a) A person is not eligible for appointment as commissioner if the person, the person's spouse, or any other person who resides in the same household as the person:
(1) is registered, certified, or licensed by the department;
(2) is employed by or participates in the management of a business entity or other organization regulated by or receiving funds from the department;
(3) owns or controls, directly or indirectly, more than a 10 percent interest in a business entity or other organization regulated by or receiving funds from the department; or
(4) uses or receives a substantial amount of tangible goods, services, or funds from the department, other than compensation or reimbursement authorized by law.
(b) A person is not eligible for appointment as commissioner if the person:
(1) is a stockholder, director, officer, attorney, agent, or employee of an insurance company, insurance agent, insurance broker, or insurance adjuster; or
(2) is directly or indirectly interested in a business described by Subdivision (1).
(c) Subsection (b) does not apply to:
(1) a person solely because the person is insured by an insurer or is the beneficiary of insurance; or
(2) a person who:
(A) is appointed as a receiver, liquidator, supervisor, or conservator of an insurer; or
(B) is an employee of a receiver, liquidator, supervisor, or conservator of an insurer with respect to duties under that employment.
(1) is registered, certified, or licensed by the department;
(2) is employed by or participates in the management of a business entity or other organization regulated by or receiving funds from the department;
(3) owns or controls, directly or indirectly, more than a 10 percent interest in a business entity or other organization regulated by or receiving funds from the department; or
(4) uses or receives a substantial amount of tangible goods, services, or funds from the department, other than compensation or reimbursement authorized by law.
(b) A person is not eligible for appointment as commissioner if the person:
(1) is a stockholder, director, officer, attorney, agent, or employee of an insurance company, insurance agent, insurance broker, or insurance adjuster; or
(2) is directly or indirectly interested in a business described by Subdivision (1).
(c) Subsection (b) does not apply to:
(1) a person solely because the person is insured by an insurer or is the beneficiary of insurance; or
(2) a person who:
(A) is appointed as a receiver, liquidator, supervisor, or conservator of an insurer; or
(B) is an employee of a receiver, liquidator, supervisor, or conservator of an insurer with respect to duties under that employment.
Status: in_force · Read it on the official government site
Need a lawyer in Texas?
Find a Texas lawyer
About this page: Statute text is reproduced from official government publishers via the
Open US Law dataset
(Vaquill AI, snapshot v2026.08, CC BY 4.0). Primary legislative text like this is public domain under the government-edicts doctrine
(Georgia v. Public.Resource.Org, 2020). We link every section back to its official source so you can verify it independently.