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Tex. Ins. Code § 981.212

ACCEPTING SURPLUS LINES INSURANCE FROM OTHER AGENTS

Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff

(a) A surplus lines agent may originate surplus lines insurance or accept surplus lines insurance from another agent who is licensed to handle the kind of insurance being accepted.

(b) A surplus lines agent who accepts surplus lines insurance from an agent may share a commission with that agent.

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