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Tex. Ins. Code § 4055.011

AUTHORITY OF EMPLOYEE OF SPECIALTY LICENSE HOLDER

Added by Acts 2003, 78th Leg., ch. 1274, Sec. 7, eff

An employee of a specialty license holder may act as an agent with respect to the kinds of insurance the license holder is authorized to offer under this chapter only if the employee:

(1) is trained under Section 4055.012 to act individually on behalf of the license holder;

(2) acts on behalf of and under the supervision of the license holder; and

(3) is not compensated based primarily on the amount of insurance sold by the employee under this chapter.

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