Sec. 4005.055. CERTAIN COVERAGE FOR LOSS BY FIRE PROHIBITED. A property and casualty agent may not knowingly grant, write, or permit a greater amount of insurance against loss by fire than the reasonable value of the insured subject.
Added by Acts 2003, 78th Leg., ch. 1274, Sec. 7, eff. April 1, 2005.
Structure Texas Statutes
Title 13 - Regulation of Professionals
Subtitle A - General Provisions
Chapter 4005 - Conduct, Disciplinary Actions, and Sanctions
Subchapter B. Prohibited Conduct
Section 4005.051. Applicability of Subchapter
Section 4005.052. Certain Conduct Prohibited After Revocation of License
Section 4005.053. Certain Payments Prohibited to or From Person Not Holding License
Section 4005.054. Receiving Additional Fee Prohibited
Section 4005.055. Certain Coverage for Loss by Fire Prohibited