Bill Text: TX SB520 | 2017-2018 | 85th Legislature | Comm Sub
Bill Title: Relating to provisional permits for certain insurance agents.
Sponsorship: Partisan Bill (Republican 1)
Status: (Introduced - Dead) 2017-04-11 - Not again placed on intent calendar [SB520 Detail]
Download: Texas-2017-SB520-Comm_Sub.html
| By: Creighton | S.B. No. 520 | |
| (In the Senate - Filed January 18, 2017; February 6, 2017, | ||
| read first time and referred to Committee on Business & Commerce; | ||
| March 29, 2017, reported favorably by the following vote: Yeas 9, | ||
| Nays 0; March 29, 2017, sent to printer.) | ||
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| relating to provisional permits for certain insurance agents. | ||
| BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
| SECTION 1. Section 4001.351, Insurance Code, is amended to | ||
| read as follows: | ||
| Sec. 4001.351. APPLICABILITY. This subchapter applies only | ||
| to an applicant for a license as an agent under: | ||
| (1) Subchapters B and E, Chapter 4051; and | ||
| (2) Subchapters B, D, [ |
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| SECTION 2. Section 4001.353(a), Insurance Code, is amended | ||
| to read as follows: | ||
| (a) The department may issue a provisional permit under this | ||
| subchapter on receipt of: | ||
| (1) a written application for a provisional permit; | ||
| (2) a properly completed license application, | ||
| nonrefundable fee, and each other item required for a license under | ||
| this chapter and Subchapter B or E, Chapter 4051, or Subchapter B, | ||
| D, [ |
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| (3) the nonrefundable fee in an amount authorized by | ||
| Subsection (c); and | ||
| (4) a certificate signed by the appointing agent, | ||
| insurer, or health maintenance organization stating that: | ||
| (A) the applicant completed the training, if any, | ||
| and passed the examination required for the issuance of the license | ||
| for which the application is submitted; | ||
| (B) the appointing agent, insurer, or health | ||
| maintenance organization completed a background check on the | ||
| applicant that shows that the applicant has not been convicted of: | ||
| (i) a felony; or | ||
| (ii) an act that requires the applicant to | ||
| receive written consent under 18 U.S.C. Section 1033 to engage in | ||
| the business of insurance; | ||
| (C) the applicant has not responded | ||
| affirmatively to any question on the license application that | ||
| indicates the applicant has a criminal conviction or has been | ||
| involved in an administrative action that may disqualify the | ||
| applicant from receiving a license; and | ||
| (D) the appointing agent, insurer, or health | ||
| maintenance organization will supervise the work of the applicant. | ||
| SECTION 3. This Act takes effect September 1, 2017. | ||
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