Tex. Ins. Code Section 1117.052
Applicability to Certain Financial Services

(a)

Notwithstanding Section 1117.003 (Applicability of Chapter; Construction with Other Law), for purposes of this chapter, a job title used within an organization that is licensed or registered by a state or federal financial services regulatory agency and that indicates seniority or standing within the organization, or that specifies an individual’s area of specialization within the organization, is not a senior-specific certification or professional designation unless the title is used in a manner that is likely to confuse or mislead a reasonable consumer.

(b)

For purposes of Subsection (a), “financial services regulatory agency” includes an agency that regulates insurers, insurance producers, broker-dealers, investment advisers, or investment companies, as defined by the Investment Company Act of 1940 (15 U.S.C. Section 80a-1 et seq.).
Added by Acts 2009, 81st Leg., R.S., Ch. 362 (H.B. 1294), Sec. 2.001, eff. September 1, 2009.

Source: Section 1117.052 — Applicability to Certain Financial Services, https://statutes.­capitol.­texas.­gov/Docs/IN/htm/IN.­1117.­htm#1117.­052 (accessed May 11, 2024).

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Accessed:
May 11, 2024

§ 1117.052’s source at texas​.gov