LICENSE ISSUANCE; EXCEPTION.
Tex. INS Code § 4054.201.
in effect(a) The department shall issue a license to an individual applicant to act as an agent who writes only life insurance policies in an amount that does not exceed $25,000 on any one life on receipt of certification from a stipulated premium company, a statewide mutual assessment company, a local mutual aid association, or a local mutual burial association, that the applicant has:
(1) completed a course of study and instruction in compliance with this subchapter; and
(2) passed without aid a written examination administered by the insurer.
(b) A license is not required under this subchapter for an agent who, in the preceding calendar year, wrote policies that generated, in the aggregate, less than $20,000 in direct premium.
Added by Acts 2003, 78th Leg., ch. 1274, Sec. 7, eff. April 1, 2005.
Acts 2009, 81st Leg., R.S., Ch. 1309 (H.B. 2570 ), Sec. 9, eff. September 1, 2009.