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

Tex. Insurance Code § 4053.101: GENERAL POWERS AND DUTIES.

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Where this section sits in the code
  1. INSURANCE CODE
  2. TITLE 13. REGULATION OF PROFESSIONALS
  3. SUBTITLE B. AGENTS
  4. CHAPTER 4053. MANAGING GENERAL AGENTS
  5. SUBCHAPTER C. POWERS AND DUTIES OF MANAGING GENERAL AGENTS

A managing general agent acting for an insurer may:

(1) receive and pass on daily reports and monthly accounts;

(2) receive and be responsible for agency balances;

(3) handle the adjustment of losses; or

(4) appoint or direct general property and casualty agents and personal lines property and casualty agents in this state.

Added by Acts 2003, 78th Leg., ch. 1274, Sec. 7, eff. April 1, 2005.

Amended by:

Acts 2007, 80th Leg., R.S., Ch. 548 (S.B. 1263), Sec. 2.26, eff. September 1, 2007.

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

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