Employment of Person By Insurer and Broker

Tex. Insurance Code § 4152.154, under Chapter 4152. Reinsurance Intermediaries.

Tex. Insurance Code § 4152.154

Sec. 4152.154. EMPLOYMENT OF PERSON BY INSURER AND BROKER. A person may not be employed by an insurer and a broker with whom the insurer transacts business unless the broker is: (1) under common control with the insurer; and (2) subject to Chapter 823. Added by Acts 2003, 78th Leg., ch. 1274, Sec. 7, eff. April 1, 2005. SUBCHAPTER E. REQUIREMENTS RELATING TO MANAGERS