Sec. 651.064. PROCEDURE FOR LICENSE RENEWAL. (a) A license holder may renew an unexpired license by paying the required renewal fee to the department.
(b) A person whose license has been expired for 90 days or less may renew the license by paying to the department:
(1) the required renewal fee; and
(2) an additional fee equal to one-half of the original license fee.
(c) A person whose license has been expired for more than 90 days but less than two years may renew the license by paying to the department:
(1) all unpaid renewal fees; and
(2) an additional fee equal to the original license fee.
(d) A person whose license has been expired for two years or more may not renew the license. The person may obtain a new license by complying with the requirements and procedures for obtaining an original license.
(e) Not later than the 30th day before the date a person's license expires, the department shall send written notice of the impending license expiration to the person at the person's last known address.
(f) This section may not be construed to prevent the department from denying or refusing to renew a license under an applicable law or a rule adopted by the commissioner.
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