Sec. 1805.051. LICENSE APPLICATION. (a) A corporation, unincorporated association, partnership, or individual may file with the commissioner an application for an advisory organization license for the kinds of insurance specified in the application.
(b) The applicant must:
(1) file with the commissioner:
(A) a copy of the applicant's:
(i) constitution and bylaws;
(ii) article of agreement or association or certificate of incorporation; and
(iii) rules governing the applicant's activities as an advisory organization; and
(B) a statement of qualifications to act as an advisory organization; and
(2) pay a $100 license fee.
Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 2, eff. April 1, 2007.
Structure Texas Statutes
Title 10 - Property and Casualty Insurance
Subtitle A - General Provisions
Chapter 1805 - Joint Underwriting and Advisory Organizations
Subchapter B. Advisory Organizations
Section 1805.051. License Application
Section 1805.052. Issuance of License; Term
Section 1805.053. Information Reported by Advisory Organization
Section 1805.054. Insurer's Authority to Subscribe to Advisory Organization
Section 1805.055. Submission, Receipt, and Use of Information by Insurer
Section 1805.057. Rate Filing Review
Section 1805.058. Prohibited Acts
Section 1805.059. Disciplinary Action