Sec. 651.106. BUSINESS PREMISES. (a) Except as provided by Subsection (b), a license holder may engage in the business of insurance premium financing:
(1) in any office, suite, room, or place of business in which any other business is solicited or engaged in; or
(2) in association or in conjunction with any other business.
(b) Subsection (a) does not apply if the department:
(1) determines, after a hearing, that the conduct by the license holder of the other business at the location for which the license was issued has concealed evasions of this chapter; and
(2) orders the license holder in writing to stop engaging in the business of insurance premium financing at that location.
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 C. Regulation of Insurance Premium
Section 651.101. Books, Accounts, and Records
Section 651.102. Annual Report
Section 651.103. Business Name
Section 651.104. Business Location
Section 651.105. Relocation of Place of Business
Section 651.106. Business Premises
Section 651.107. Engaging in Business by Mail or Outside the Community
Section 651.108. Certain Charges Prohibited
Section 651.109. Limitations on Rates and Charges
Section 651.110. Limitations on Certain Inducements or Sharing of Profits and Fees