{"data":{"id":"us-tx/tex.-insurance-code-33.002","jurisdiction":"us-tx","citation":"Tex. Insurance Code § 33.002","heading":"INSURANCE BUSINESS INTEREST; SERVICE AS COMMISSIONER.","body":"(a) A person is not eligible for appointment as commissioner if the person, the person's spouse, or any other person who resides in the same household as the person:\n(1) is registered, certified, or licensed by the department;\n(2) is employed by or participates in the management of a business entity or other organization regulated by or receiving funds from the department;\n(3) owns or controls, directly or indirectly, more than a 10 percent interest in a business entity or other organization regulated by or receiving funds from the department; or\n(4) uses or receives a substantial amount of tangible goods, services, or funds from the department, other than compensation or reimbursement authorized by law.\n(b) A person is not eligible for appointment as commissioner if the person:\n(1) is a stockholder, director, officer, attorney, agent, or employee of an insurance company, insurance agent, insurance broker, or insurance adjuster; or\n(2) is directly or indirectly interested in a business described by Subdivision (1).\n(c) Subsection (b) does not apply to:\n(1) a person solely because the person is insured by an insurer or is the beneficiary of insurance; or\n(2) a person who:\n(A) is appointed as a receiver, liquidator, supervisor, or conservator of an insurer; or\n(B) is an employee of a receiver, liquidator, supervisor, or conservator of an insurer with respect to duties under that employment.\nAdded by Acts 1999, 76th Leg., ch. 101, Sec. 1, eff. Sept. 1, 1999.","path":["INSURANCE CODE","TITLE 2. TEXAS DEPARTMENT OF INSURANCE","SUBTITLE A. ADMINISTRATION OF THE TEXAS DEPARTMENT OF INSURANCE","CHAPTER 33. STANDARDS OF CONDUCT"],"source_url":"https://statutes.capitol.texas.gov/Docs/IN/htm/IN.33.htm#33.002","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:21Z","sha256":"824be59367634b94771a54c84713289fce035fdfdba1a5757f8aa41cfc691f9c","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-insurance-code-33.001","next":"us-tx/tex.-insurance-code-33.003"},"notice":"GroundRules: Original legal text. Not legal advice."}