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

Tex. Insurance Code § 4054.251: INSURANCE COMPANY LIABILITY FOR PAYMENT OF COMMISSIONS.

Where this section sits in the code

INSURANCE CODE
TITLE 13. REGULATION OF PROFESSIONALS
SUBTITLE B. AGENTS
CHAPTER 4054. LIFE, ACCIDENT, AND HEALTH AGENTS
SUBCHAPTER F. RENEWAL OR SERVICE COMMISSIONS TO AGENTS OF LIFE INSURANCE COMPANIES DISCONTINUING BUSINESS IN STATE

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.

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

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