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

Tex. Insurance Code § 4152.058: BOND OR ERRORS AND OMISSIONS POLICY.

Where this section sits in the code

INSURANCE CODE
TITLE 13. REGULATION OF PROFESSIONALS
SUBTITLE D. OTHER PROFESSIONALS
CHAPTER 4152. REINSURANCE INTERMEDIARIES
SUBCHAPTER B. LICENSE REQUIREMENTS

(a) The commissioner may require a reinsurance intermediary to:

(1) file a bond with the commissioner for the protection of all insurers represented; or

(2) maintain an errors and omissions policy.

(b) The issuer of the bond or the errors and omissions policy must be acceptable to the commissioner. The bond or the policy must be in an amount determined by the commissioner to be customary and adequate under the circumstances.

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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