Sec. 4054.159. CONTINUING EDUCATION EXEMPTION. (a) Notwithstanding any other provision of this code, a funeral home employee or other person who holds a funeral prearrangement life insurance agent license and who writes only life insurance policies and fixed annuity contracts to secure the delivery of funeral services and merchandise under prepaid funeral contracts regulated by the Texas Department of Banking under Chapter 154, Finance Code, is not required to comply with any continuing education requirements to maintain the license, except that the appointing insurer must educate its appointed agents about any new products sold by the agent to fund prepaid funeral contracts.
(b) A license holder to whom this section applies may be appointed by more than one insurer.
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