Sec. 651.056. NOTICE OF ACTION ON APPLICATION. Not later than the 90th day after the date the department receives an application under Section 651.054, the department shall notify the applicant that:
(1) the application has been approved and the department will issue a license to the applicant on payment of the required license fee; or
(2) the application has been denied.
Added by Acts 2003, 78th Leg., ch. 1274, Sec. 2, eff. April 1, 2005.
Structure Texas Statutes
Title 5 - Protection of Consumer Interests
Subtitle E - Premium Financing
Chapter 651 - Financing of Insurance Premiums
Subchapter B. Authority to Engage in Business
Section 651.051. License Required
Section 651.053. Entitlement of Banks and Savings and Loan Associations to License
Section 651.054. Application for License; Investigation Fee; Exemption
Section 651.055. Refusal to Issue License
Section 651.056. Notice of Action on Application
Section 651.057. Issuance of License
Section 651.058. Reciprocal License
Section 651.059. Issuance of Multiple Licenses
Section 651.060. Single Business Location Authorized by License
Section 651.061. Appearance of License; Posting
Section 651.062. Transfer or Assignment of License Prohibited
Section 651.063. Term of License