Tex. Ins. Code Section 4055.252
Issuance of License; License Fee

(a)

Notwithstanding any other provision of this chapter or this code, the commissioner may issue a specialty license to a vendor who complies with this subchapter. The specialty license may be issued only for the limited purposes specified by this subchapter.

(b)

A specialty license issued to a vendor under this subchapter authorizes the vendor and any employee or authorized representative of the vendor to offer the type of coverage specified in this subchapter at each location at which the vendor engages in business.

(c)

The commissioner shall impose an annual license fee for a specialty license issued under this subchapter. The commissioner shall set the license fee in an amount reasonable and necessary to cover the costs of administering this subchapter, not to exceed $5,000.
Added by Acts 2003, 78th Leg., ch. 1274, Sec. 7, eff. April 1, 2005.
Amended by:
Acts 2009, 81st Leg., R.S., Ch. 121 (H.B. 2569), Sec. 1, eff. September 1, 2009.

Source: Section 4055.252 — Issuance of License; License Fee, https://statutes.­capitol.­texas.­gov/Docs/IN/htm/IN.­4055.­htm#4055.­252 (accessed Apr. 29, 2024).

4055.001
Definition 4055.002
Applicability of Chapter to Certain Agents 4055.003
Rules 4055.004
Application 4055.005
License Issuance 4055.006
Examination and Continuing Education Not Required 4055.007
Appointment as Agent by Insurer 4055.008
General Powers and Duties 4055.009
Certain Representations Prohibited 4055.010
Treatment of Certain Premiums 4055.011
Authority of Employee of Specialty License Holder 4055.012
Training Required to Act on Behalf of Specialty License Holder 4055.013
Assignment and Transfer of Compensation by Certain Agents 4055.014
Disclosures Required Before Issuance of Insurance 4055.015
Violation by Specialty License Holder 4055.051
Definitions 4055.052
Issuance of License 4055.053
Authority of Rental Car Company or Franchisee 4055.101
General Definitions 4055.102
Definition of Credit Property Insurance 4055.103
Issuance of License 4055.104
Authority of Credit Insurance Agent 4055.105
Exemption from Certain Disclosure Requirements 4055.151
Definitions 4055.152
Specialty License 4055.153
Authority of Travel Retailer 4055.154
Travel Insurance Generally 4055.155
Duties of Insurers and Supervising Entities 4055.156
Duties of Travel Retailers 4055.157
Enforcement 4055.158
Rulemaking 4055.201
Definitions 4055.202
Issuance of License 4055.203
Authority of Self-service Storage Facility or Franchisee 4055.251
Definitions 4055.252
Issuance of License 4055.253
Authority of Vendor of Portable Electronic Devices 4055.254
Insurance Policy 4055.255
Required Training 4055.256
Required Disclosures 4055.1515
Travel Insurance Supervising Entity and Travel Administrator
Green check means up to date. Up to date

Accessed:
Apr. 29, 2024

§ 4055.252’s source at texas​.gov