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Subchapter A. General Provisions
Section 651.001. Definitions - Sec. 651.001. DEFINITIONS. In this chapter: (1) "Annual percentage rate"...
Section 651.002. Certain Conduct Not Engaging in Business as Insurance Premium Finance Company - Sec. 651.002. CERTAIN CONDUCT NOT ENGAGING IN BUSINESS AS INSURANCE...
Section 651.003. Rules - Sec. 651.003. RULES. (a) The commissioner may adopt and enforce...
Section 651.004. Employment of Examiners and Investigators; Payment of Expenses - Sec. 651.004. EMPLOYMENT OF EXAMINERS AND INVESTIGATORS; PAYMENT OF EXPENSES....
Section 651.005. Deposit and Use of Fees - Sec. 651.005. DEPOSIT AND USE OF FEES. (a) Except as...
Section 651.006. Assessments - Sec. 651.006. ASSESSMENTS. (a) A license holder shall pay to...
Section 651.007. Applicability of Consumer Credit Protection Act and Regulation Z - Sec. 651.007. APPLICABILITY OF CONSUMER CREDIT PROTECTION ACT AND REGULATION...
Section 651.008. Authority of Certain Property and Casualty Agents to Charge Interest to Certain Persons - Sec. 651.008. AUTHORITY OF CERTAIN PROPERTY AND CASUALTY AGENTS TO...
Subchapter B. Authority to Engage in Business
Section 651.051. License Required - Sec. 651.051. LICENSE REQUIRED. (a) Unless the person is a...
Section 651.052. License Fee - Sec. 651.052. LICENSE FEE. (a) The department shall establish the...
Section 651.053. Entitlement of Banks and Savings and Loan Associations to License - Sec. 651.053. ENTITLEMENT OF BANKS AND SAVINGS AND LOAN ASSOCIATIONS...
Section 651.054. Application for License; Investigation Fee; Exemption - Sec. 651.054. APPLICATION FOR LICENSE; INVESTIGATION FEE; EXEMPTION. (a) An...
Section 651.055. Refusal to Issue License - Sec. 651.055. REFUSAL TO ISSUE LICENSE. The department may refuse...
Section 651.056. Notice of Action on Application - Sec. 651.056. NOTICE OF ACTION ON APPLICATION. Not later than...
Section 651.057. Issuance of License - Sec. 651.057. ISSUANCE OF LICENSE. After approval of an application...
Section 651.058. Reciprocal License - Sec. 651.058. RECIPROCAL LICENSE. The department may waive any license...
Section 651.059. Issuance of Multiple Licenses - Sec. 651.059. ISSUANCE OF MULTIPLE LICENSES. The department may issue...
Section 651.060. Single Business Location Authorized by License - Sec. 651.060. SINGLE BUSINESS LOCATION AUTHORIZED BY LICENSE. A license...
Section 651.061. Appearance of License; Posting - Sec. 651.061. APPEARANCE OF LICENSE; POSTING. (a) A license must...
Section 651.062. Transfer or Assignment of License Prohibited - Sec. 651.062. TRANSFER OR ASSIGNMENT OF LICENSE PROHIBITED. A license...
Section 651.063. Term of License - Sec. 651.063. TERM OF LICENSE. Unless a staggered renewal system...
Section 651.064. Procedure for License Renewal - Sec. 651.064. PROCEDURE FOR LICENSE RENEWAL. (a) A license holder...
Section 651.065. Staggered Renewal System - Sec. 651.065. STAGGERED RENEWAL SYSTEM. (a) The commissioner by rule...
Subchapter C. Regulation of Insurance Premium
Section 651.101. Books, Accounts, and Records - Sec. 651.101. BOOKS, ACCOUNTS, AND RECORDS. (a) A license holder...
Section 651.102. Annual Report - Sec. 651.102. ANNUAL REPORT. On or before April 1 of...
Section 651.103. Business Name - Sec. 651.103. BUSINESS NAME. A license holder may not engage...
Section 651.104. Business Location - Sec. 651.104. BUSINESS LOCATION. A license holder may not engage...
Section 651.105. Relocation of Place of Business - Sec. 651.105. RELOCATION OF PLACE OF BUSINESS. (a) A license...
Section 651.106. Business Premises - Sec. 651.106. BUSINESS PREMISES. (a) Except as provided by Subsection...
Section 651.107. Engaging in Business by Mail or Outside the Community - Sec. 651.107. ENGAGING IN BUSINESS BY MAIL OR OUTSIDE THE...
Section 651.108. Certain Charges Prohibited - Sec. 651.108. CERTAIN CHARGES PROHIBITED. In connection with a premium...
Section 651.109. Limitations on Rates and Charges - Sec. 651.109. LIMITATIONS ON RATES AND CHARGES. (a) An insurance...
Section 651.110. Limitations on Certain Inducements or Sharing of Profits and Fees - Sec. 651.110. LIMITATIONS ON CERTAIN INDUCEMENTS OR SHARING OF PROFITS...
Section 651.111. Deceptive Advertising Prohibited - Sec. 651.111. DECEPTIVE ADVERTISING PROHIBITED. (a) A license holder may...
Subchapter D. Premium Finance Agreements
Section 651.151. Required Form and Contents of Premium Finance Agreement - Sec. 651.151. REQUIRED FORM AND CONTENTS OF PREMIUM FINANCE AGREEMENT....
Section 651.152. Other Required Contents - Sec. 651.152. OTHER REQUIRED CONTENTS. In addition to the items...
Section 651.153. Form of Disclosures - Sec. 651.153. FORM OF DISCLOSURES. (a) The disclosures required by...
Section 651.154. Consolidation of Increase Attributable to Amendment of Rate Classification - Sec. 651.154. CONSOLIDATION OF INCREASE ATTRIBUTABLE TO AMENDMENT OF RATE...
Section 651.155. Responsibilities of Insurance Agent - Sec. 651.155. RESPONSIBILITIES OF INSURANCE AGENT. An insurance agent shall:...
Section 651.156. Taking of Incomplete Premium Finance Agreement Prohibited - Sec. 651.156. TAKING OF INCOMPLETE PREMIUM FINANCE AGREEMENT PROHIBITED. A...
Section 651.157. Perfection of Premium Finance Agreement as Secured Transaction: Filing Not Required - Sec. 651.157. PERFECTION OF PREMIUM FINANCE AGREEMENT AS SECURED TRANSACTION:...
Section 651.158. Prepayment and Refund - Sec. 651.158. PREPAYMENT AND REFUND. (a) Notwithstanding the provisions of...
Section 651.159. Default Charge - Sec. 651.159. DEFAULT CHARGE. A premium finance agreement may provide...
Section 651.160. Power of Attorney - Sec. 651.160. POWER OF ATTORNEY. A premium finance agreement may...
Section 651.161. Cancellation of Insurance Contract - Sec. 651.161. CANCELLATION OF INSURANCE CONTRACT. (a) An insurance premium...
Section 651.162. Return of Unearned Premiums and Commissions - Sec. 651.162. RETURN OF UNEARNED PREMIUMS AND COMMISSIONS. (a) This...
Section 651.163. Assignment of Premium Finance Agreement - Sec. 651.163. ASSIGNMENT OF PREMIUM FINANCE AGREEMENT. Unless the insured...
Section 651.164. Restrictions on Premium Finance Agreements - Sec. 651.164. RESTRICTIONS ON PREMIUM FINANCE AGREEMENTS. (a) A premium...
Section 651.165. Required Notice of Certain Premium Finance Agreements - Sec. 651.165. REQUIRED NOTICE OF CERTAIN PREMIUM FINANCE AGREEMENTS. (a)...
Section 651.166. Taking, Receiving, or Charging Unauthorized Amount - Sec. 651.166. TAKING, RECEIVING, OR CHARGING UNAUTHORIZED AMOUNT. (a) Taking...
Section 651.167. Effect of License Revocation, Suspension, or Surrender on Premium Finance Agreement - Sec. 651.167. EFFECT OF LICENSE REVOCATION, SUSPENSION, OR SURRENDER ON...
Subchapter E. Disciplinary Procedures and Penalties; Offenses
Section 651.201. Examinations and Investigations of License Holders - Sec. 651.201. EXAMINATIONS AND INVESTIGATIONS OF LICENSE HOLDERS. (a) The...
Section 651.202. Confidentiality of Reports and Related Material - Sec. 651.202. CONFIDENTIALITY OF REPORTS AND RELATED MATERIAL. (a) A...
Section 651.203. Hearings and Investigations; Subpoena Power - Sec. 651.203. HEARINGS AND INVESTIGATIONS; SUBPOENA POWER. In conducting a...
Section 651.204. Revocation or Suspension of License - Sec. 651.204. REVOCATION OR SUSPENSION OF LICENSE. After notice and...
Section 651.205. Issuance of Revocation or Suspension Order - Sec. 651.205. ISSUANCE OF REVOCATION OR SUSPENSION ORDER. If the...
Section 651.206. Surrender of License; Effect - Sec. 651.206. SURRENDER OF LICENSE; EFFECT. (a) A license holder...
Section 651.207. License Reinstatement - Sec. 651.207. LICENSE REINSTATEMENT. The department may reinstate a suspended...
Section 651.208. Offense - Sec. 651.208. OFFENSE. (a) A person commits an offense if...
Section 651.209. Sanctions; Cease and Desist Orders - Sec. 651.209. SANCTIONS; CEASE AND DESIST ORDERS. In addition to...