Texas · Through 89th 2nd Called Legislative Session, 2025

Tex. Insurance Code § 1115.0505: AGENTS EXERCISING MATERIAL CONTROL.

Where this section sits in the code

INSURANCE CODE
TITLE 7. LIFE INSURANCE AND ANNUITIES
SUBTITLE A. LIFE INSURANCE IN GENERAL
CHAPTER 1115. SUITABILITY OF CERTAIN ANNUITY TRANSACTIONS
SUBCHAPTER B. DUTIES OF INSURERS AND AGENTS

(a) This subchapter applies to each agent who:

(1) exercises material control or influence in making a recommendation or sale; and

(2) receives direct compensation as a result of the recommendation or sale, regardless of whether the agent has direct contact with the consumer.

(b) Activities that do not constitute material control or influence include providing or delivering marketing or educational materials, product wholesaling or other back office product support, general supervision of an agent, and similar activities.

Added by Acts 2021, 87th Leg., R.S., Ch. 262 (H.B. 1777), Sec. 6, eff. September 1, 2021.

Collected 2026-08-27T01:47:21Z. Source file · JSON

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