Tex. Insurance Code § 444.001
REQUIRED CONTRACT PROVISION
Texas · Texas Insurance Code · Status: effective
Cite this
- Citation
- Tex. Insurance Code § 444.001, REQUIRED CONTRACT PROVISION, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/677776
- Permanent ID
ys:prov:677776@1- SHA-256
3d848342cf3ef45afc51460cbbcf597d3f83de6c6dcc50e833d9f664d6015f44
The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.
Full text
An agency contract entered into on or after August 27, 1973, by an insurer writing fire and casualty insurance in this state must contain, or shall be construed to contain, the following provision:
Notwithstanding any other provision of this contract, the obligation of the agent to remit written premiums to the insurer shall be changed on the commencement of a delinquency proceeding as defined by Chapter 443, Insurance Code, as amended. After the commencement of the delinquency proceeding, the obligation of the agent to remit premiums is limited to premiums earned before the cancellation date of insurance policies stated in the order of a court of competent jurisdiction under Chapter 443, Insurance Code, canceling the policies. The agent does not owe and may not be required to remit to the insurer or to the receiver any premiums that are unearned as of the cancellation date stated in the order.
Amended by: