Sec. 841.258. AGENTS FOR COMPANY THAT CEASES WRITING NEW BUSINESS. An insurance company that ceases to write new business in this state may maintain in this state agents to collect renewal premiums on outstanding policies the company has written under its certificate of authority.
Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.
Amended by:
Acts 2005, 79th Leg., Ch. 728 (H.B. 2018), Sec. 11.022, eff. September 1, 2005.
Structure Texas Statutes
Title 6 - Organization of Insurers and Related Entities
Subtitle C - Life, Health, and Accident Insurers and Related Entities
Chapter 841 - Life, Health, or Accident Insurance Companies
Subchapter F. General Powers, Duties, and Limitations
Section 841.251. Evidence of Expenditures
Section 841.252. Payments to Officers, Directors, and Employees
Section 841.253. Life Insurance Company's Payment of Dividends
Section 841.254. Transfer of Stock
Section 841.255. Annual Statement; Filing Fee
Section 841.256. Business in Separate Departments of Domestic Insurance Company
Section 841.257. Kinds of Business Limited
Section 841.258. Agents for Company That Ceases Writing New Business
Section 841.259. Activities of Directors and Officers