Tex. Ins. Code Section 4054.251
Insurance Company Liability for Payment of Commissions

A life insurance company that discontinues the business of issuing life insurance policies on the lives of residents of this state remains liable for the payment of renewal or service commissions on life insurance policies previously written by the company under the terms of the company’s contracts previously made with agents residing in this state.
Added by Acts 2003, 78th Leg., ch. 1274, Sec. 7, eff. April 1, 2005.

Source: Section 4054.251 — Insurance Company Liability for Payment of Commissions, https://statutes.­capitol.­texas.­gov/Docs/IN/htm/IN.­4054.­htm#4054.­251 (accessed May 26, 2025).

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May 26, 2025

§ 4054.251. Ins. Company Liab. for Payment of Commissions's source at texas​.gov