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Tex. Insurance Code § 981.220

MANAGING GENERAL AGENTS; LIMITED AUTHORITY OF CERTAIN AGENTS

Texas · Texas Insurance Code · Status: effective

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Tex. Insurance Code § 981.220, MANAGING GENERAL AGENTS; LIMITED AUTHORITY OF CERTAIN AGENTS, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/680684
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A surplus lines license granted to a managing general agent who is not also licensed under Chapter 4051 is limited to the acceptance of business originating through a licensed general property and casualty agent. The license does not authorize the agent to engage in business directly with the insurance applicant.