Tex. Ins. Code Section 4102.055
Issuance of License to Business Entity Organized in This State

(a)

The commissioner shall adopt rules necessary to issue a public insurance adjuster license to a business entity organized under the laws of this state.

(b)

Rules adopted by the commissioner under Subsection (a) must:

(1)

be analogous to the provisions of Chapter 4001 (Agent Licensing in General) that relate to licensure of corporations and partnerships; and

(2)

contain qualifications for the issuance of a public insurance adjuster license analogous to the qualifications described by Section 4102.053 (Issuance of License to Resident).

(c)

The commissioner may not issue a public insurance adjuster license to a business entity described by Subsection (a) unless at least one officer, active partner, or other managing individual of the business entity, and each individual performing acts of a public insurance adjuster on behalf of the business entity in this state, are individually licensed by the department under Section 4102.053 (Issuance of License to Resident) separately from the business entity.
Added by Acts 2005, 79th Leg., Ch. 728 (H.B. 2018), Sec. 11.082(a), eff. September 1, 2005.

Source: Section 4102.055 — Issuance of License to Business Entity Organized in This State, https://statutes.­capitol.­texas.­gov/Docs/IN/htm/IN.­4102.­htm#4102.­055 (accessed Jun. 5, 2024).

4102.001
Definitions 4102.002
General Exemptions 4102.003
Certain Construction Regarding Practice of Law Prohibited 4102.004
Rules 4102.005
Code of Ethics 4102.006
Notice to Last Address 4102.007
Right to Contract with License Holder 4102.051
License Required 4102.052
Application 4102.053
Issuance of License to Resident 4102.054
Issuance of License to Nonresident 4102.055
Issuance of License to Business Entity Organized in This State 4102.056
Issuance of License to Business Entity Not Organized in This State 4102.057
Examination Required 4102.058
Exemption from Examination Requirement 4102.060
Examination Form and Time 4102.061
License Form 4102.062
Expiration 4102.063
Notice of Expiration 4102.064
Renewal of Unexpired License 4102.065
Renewal of Expired License 4102.066
Fees 4102.067
Use of Fees 4102.068
License Not Assignable 4102.101
General Authority 4102.102
Compliance with Insurance Contract 4102.103
Contract for Services Required 4102.104
Commissions 4102.105
Financial Responsibility 4102.106
Place of Business 4102.107
Agent for Service of Process 4102.108
Posting of License 4102.109
Continuing Education 4102.110
Record Maintenance 4102.111
Fiduciary Capacity 4102.112
Relocation to Another State 4102.113
Advertisements 4102.114
Duties of Nonresident License Holder 4102.151
Solicitation Prohibited During Natural Disaster 4102.152
Solicitation Prohibited During Certain Hours 4102.153
Certain Reports and Disclosures Prohibited 4102.154
Use of Badge Prohibited 4102.155
Certain Delegation Prohibited 4102.156
Practice of Law Prohibited 4102.157
Certain Business Prohibited 4102.158
Conflicts of Interest Prohibited 4102.159
Misrepresentation Prohibited 4102.160
Certain Payments Prohibited 4102.161
Certain Representations Prohibited 4102.162
Use of Different Name Prohibited 4102.163
Certain Contractor Business Prohibited 4102.164
Acceptance of Referral Payments Prohibited 4102.201
Denial, Suspension, or Revocation of License 4102.202
Application for License After Suspension, Denial of Application, or Revocation of License 4102.203
Disciplinary Proceeding for Conduct Committed Before Surrender or Forfeiture of License 4102.204
Administrative Penalty 4102.205
Automatic Fines 4102.206
Criminal Penalty 4102.207
Insured Option to Void Contract 4102.208
Emergency Cease and Desist Order
Green check means up to date. Up to date

Accessed:
Jun. 5, 2024

§ 4102.055’s source at texas​.gov