Tex. Insurance Code § 551.007
NOTICE OF DECLINATION FOR COMMERCIAL LINES OF INSURANCE
Texas · Texas Insurance Code · Status: effective
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- Citation
- Tex. Insurance Code § 551.007, NOTICE OF DECLINATION FOR COMMERCIAL LINES OF INSURANCE, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/678474
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Full text
(a) An insurer must deliver a notice of a declination required by this chapter for a completed and submitted application for a commercial line of insurance to the applicant's agent.
(b) On receiving a notice described by Subsection (a), an agent shall disclose the declination to the applicant and make the notice available for the applicant to review.