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Tex. Ins. Code § 1652.202

PERMITTED COMPENSATION ARRANGEMENTS

Added by Acts 2003, 78th Leg., ch. 1274, Sec. 4, eff

(a) The commissioner by rule shall limit the commission or other compensation that may be paid to an agent for the sale of a Medicare supplement benefit plan or certificate, including a replacement plan or certificate.

(b) The rules must conform to, but may not be more restrictive than, the requirements of federal law necessary for this state to obtain or retain certification as a state with an approved regulatory program.

Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.