Texas § IN.4054.301 - LICENSE REQUIRED

Full text of Texas The Texas Constitution § IN.4054.301 — LICENSE REQUIRED, with citation guidance and answers to common questions.

§ IN.4054.301. LICENSE REQUIRED

LICENSE REQUIRED. (a) Except as provided by Subsection (b), a person is required to hold a life agent license if the person does not hold a general life, accident, and health license under Subchapter B and the person acts as: (1) an agent who writes insurance coverage on human lives, including endowment benefits and annuities, benefits in the event of death or dismemberment by accident, and benefits for disability income; (2) an industrial life insurance agent for an insurer that writes only weekly premium life insurance on a debit basis under Chapter 1151 ; (3) an agent who writes fixed or variable annuity contracts or variable life contracts; (4) an agent who writes for a stipulated premium company only life insurance in excess of $25,000 on any one life; or (5) an agent who writes any other kind of insurance as required by the commissioner for the protection of the insurance consumers of this state. (b) A person who holds a limited license under Subchapter C and who engages in the business of insurance only within the scope of that license is not required to hold a life agent license. A person who holds a life agent license may write the insurance described by that subchapter. (c) A person who holds a funeral prearrangement life insurance license under Subchapter D and who engages in the business of insurance only within the scope of that license is not required to hold a life agent license. A person who holds a life agent license may write the insurance described by that subchapter. (d) A person who holds a license to write life insurance not exceeding $25,000 under Subchapter E and who engages in the business of insurance only within the scope of that license is not required to hold a life agent license. A person who holds a life agent license may write the insurance described by that subchapter. (e) This subchapter does not apply to a person who holds a specialty license under Chapter 4055 and who engages in the business of insurance only within the scope of the specialty license. Added by Acts 2007, 80th Leg., R.S., Ch. 548 (S.B. 1263 ), Sec. 1.02, eff. September 1, 2007. Amended by: Acts 2009, 81st Leg., R.S., Ch. 1309 (H.B. 2570 ), Sec. 11, eff. September 1, 2009.

Frequently Asked Questions About Texas § IN.4054.301

What does The Texas Constitution § IN.4054.301 cover?

Section IN.4054.301 ("LICENSE REQUIRED") is part of the The Texas Constitution, the codified statutory law of Texas. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

How do I cite Texas § IN.4054.301?

A common citation format is "The Texas Constitution § IN.4054.301" (Texas). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

Is this the official text of Texas law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the Texas official source linked on this page or consult a licensed Texas attorney.

How does Texas § IN.4054.301 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Texas can advise on how this section applies to you. Contact your state or local bar association for a referral.

Sources & Verification

Not legal advice. Verify against the official source and consult a licensed attorney in Texas.