{"data":{"id":"us-tx/tex.-insurance-code-4152.201","jurisdiction":"us-tx","citation":"Tex. Insurance Code § 4152.201","heading":"CONTRACT BETWEEN MANAGER AND INSURER.","body":"(a) A manager and an insurer represented by the manager may enter into a transaction only under a written contract that:\n(1) is executed by a responsible officer of both the manager and the insurer;\n(2) is approved by the insurer's board of directors or attorney in fact;\n(3) specifies the responsibilities of each party;\n(4) identifies the rate, terms, and purpose of each commission, charge, or other fee the manager may assess the insurer; and\n(5) at a minimum, incorporates the requirements of Sections 4152.202-4152.214.\n(b) Not later than the 30th day before the date the insurer assumes or cedes business through the manager, a copy of the executed contract must be filed with the commissioner for approval.\nAdded by Acts 2003, 78th Leg., ch. 1274, Sec. 7, eff. April 1, 2005.","path":["INSURANCE CODE","TITLE 13. REGULATION OF PROFESSIONALS","SUBTITLE D. OTHER PROFESSIONALS","CHAPTER 4152. REINSURANCE INTERMEDIARIES","SUBCHAPTER E. REQUIREMENTS RELATING TO MANAGERS"],"source_url":"https://statutes.capitol.texas.gov/Docs/IN/htm/IN.4152.htm#4152.201","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:21Z","sha256":"c9411e055c8b628010fcf2f7b710ce3180aa7a13e48e91b3277c5f8733f7d88d","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-insurance-code-4152.154","next":"us-tx/tex.-insurance-code-4152.202"},"notice":"GroundRules: Original legal text. Not legal advice."}