Tex. Insurance Code § 981.220

This is the official text of Tex. Insurance Code § 981.220, part of Texas’s Insurance Code — regulates insurance companies and the policies they sell.

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§ 981.220. MANAGING GENERAL AGENTS; LIMITED AUTHORITY OF CERTAIN AGENTS.

Official statutory text

A surplus lines license granted to a managing general agent who is not also licensed under Chapter 4051 is limited to the acceptance of business originating through a licensed general property and casualty agent. The license does not authorize the agent to engage in business directly with the insurance applicant.

Status: in_force · Read it on the official government site

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