Insurance Code › Title 10 › Chapter 2201 › Subchapter E

Texas Insurance Code § 2201.203

Agent to Verify Authority

Risk Retention Groups and Purchasing Groups · Provisions Regulating General Operation of Risk Retention Groups

Before placing business with a risk retention group, each agent shall secure from the appropriate insurance regulatory authority a certified copy of the certificate of authority verifying that the insurer is authorized in the insurer's domiciliary jurisdiction to write the liability insurance policy the agent proposes to procure from the insurer.

Official text of the Texas Insurance Code as published by the Texas Legislative Council.

Official source
Legislative history

Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 2, eff. April 1, 2007.