Sec. 4054.158. REVOCATION; NOTIFICATION. (a) A license issued under this subchapter to act as an agent for an insurer is revoked if the license holder ceases to act as an agent for the insurer.
(b) Not later than the 15th day after the date on which the license holder ceases to act as an agent for an insurer, the insurer or agent shall send written notification to the department.
Added by Acts 2003, 78th Leg., ch. 1274, Sec. 7, eff. April 1, 2005.
Structure Texas Statutes
Title 13 - Regulation of Professionals
Chapter 4054 - Life, Accident, and Health Agents
Subchapter D. Funeral Prearrangement Life Insurance License
Section 4054.151. Funeral Prearrangement Life Insurance Agent
Section 4054.152. License Issuance
Section 4054.155. Investigation by Department
Section 4054.156. Withdrawal of Insurer's Authority
Section 4054.157. Limit on Agent's Authority
Section 4054.158. Revocation; Notification