Sec. 4102.164. ACCEPTANCE OF REFERRAL PAYMENTS PROHIBITED. (a) A licensed public insurance adjuster may not accept a fee, commission, or other valuable consideration of any nature, regardless of form or amount, in exchange for the referral by a licensed public insurance adjuster of an insured to any third-party individual or firm, including an attorney, appraiser, umpire, construction company, contractor, or salvage company.
(b) The commissioner shall adopt rules necessary to implement and enforce this section.
Added by Acts 2015, 84th Leg., R.S., Ch. 1178 (S.B. 1060), Sec. 7, eff. September 1, 2015.
Structure Texas Statutes
Title 13 - Regulation of Professionals
Chapter 4102 - Public Insurance Adjusters
Subchapter D. Prohibited Conduct
Section 4102.151. Solicitation Prohibited During Natural Disaster
Section 4102.152. Solicitation Prohibited During Certain Hours
Section 4102.153. Certain Reports and Disclosures Prohibited
Section 4102.154. Use of Badge Prohibited
Section 4102.155. Certain Delegation Prohibited
Section 4102.156. Practice of Law Prohibited
Section 4102.157. Certain Business Prohibited
Section 4102.158. Conflicts of Interest Prohibited
Section 4102.159. Misrepresentation Prohibited
Section 4102.160. Certain Payments Prohibited
Section 4102.161. Certain Representations Prohibited
Section 4102.162. Use of Different Name Prohibited
Section 4102.163. Certain Contractor Business Prohibited
Section 4102.164. Acceptance of Referral Payments Prohibited