Texas Insurance Code
Sec. § 101.054
Exception; Full-time Salaried Employee


Section 101.051 (Conduct That Constitutes the Business of Insurance)(b)(6) does not prohibit a full-time salaried employee of a corporate insured from acting as an insurance manager or buyer in placing insurance on behalf of:

(1)

the employee’s employer; or

(2)

a parent or affiliated company of the employer.
Added by Acts 1999, 76th Leg., ch. 101, Sec. 1, eff. Sept. 1, 1999.
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Last accessed
Jul. 10, 2020