Title IN, Insurance Code

Sec. 4153.052. APPLICATION. (a) To obtain a license to act as a risk manager in this state, an applicant must submit to the department an application on forms prescribed by the commissioner and provided by the department. (b) An application must be accompanied by the license fee …

Sec. 4153.053. QUALIFICATIONS. To qualify for a risk manager's license, an applicant must: (1) be at least 18 years of age; (2) maintain a place of business in this state; (3) meet the application requirements prescribed by this chapter and department rules; (4) take and pass the…

Sec. 4153.054. EXAMINATION. (a) Except as provided by Sections 4153.055 and 4153.058, an applicant for a risk manager's license must personally take and pass an examination to the satisfaction of the commissioner under this chapter and department rules. (b) The commissioner shall…

Sec. 4153.055. EXEMPTIONS FROM EXAMINATION AND CONTINUING EDUCATION REQUIREMENT. (a) An applicant is not required to take an examination to obtain a risk manager's license if the applicant holds the designation of: (1) chartered property casualty underwriter (CPCU) from the Ameri…

Sec. 4153.056. REEXAMINATION. (a) An applicant who fails the examination may retake the examination on payment of an additional examination fee. (b) The commissioner may require the applicant to wait for a reasonable period determined by the commissioner before the applicant may …

Sec. 4153.057. FEES. (a) The commissioner shall set and collect in advance a nonrefundable fee, in an amount not to exceed $50, for: (1) an examination required by this chapter if the department administers the examination; (2) a risk manager's license; and (3) the renewal of a r…

Sec. 4153.058. RECIPROCAL LICENSE. On submission of an application and the license fee required by Section 4153.057, a person may receive a risk manager's license without examination if the person is licensed as a risk manager by another state, the licensing requirements of which…

Sec. 4153.059. LICENSE EXPIRATION. Except as otherwise provided by a staggered renewal system adopted under Section 4003.002, a risk manager's license expires on the second anniversary of the date the license was issued. Added by Acts 2003, 78th Leg., ch. 1274, Sec. 7, eff. April…

Sec. 4153.060. LICENSE RENEWAL. (a) A license holder may renew an unexpired license by: (1) filing with the department a completed renewal application; and (2) paying the nonrefundable renewal fee. (b) The commissioner shall issue a renewal certificate to the license holder if th…

Sec. 4153.101. PLACE OF BUSINESS. A license holder shall maintain a place of business in this state that is: (1) accessible to the public; and (2) located at the place at which the license holder principally conducts business. Added by Acts 2003, 78th Leg., ch. 1274, Sec. 7, eff.…

Sec. 4153.102. NOTIFICATION OF CHANGE OF PLACE OF BUSINESS. A license holder who changes the address of the license holder's place of business from the address that appears on the license shall notify the department of that change as provided by department rules. Added by Acts 20…

Sec. 4153.151. GROUNDS FOR DISCIPLINARY ACTION. The department may discipline a license holder or deny an applicant a license under Subchapter C, Chapter 4005: (1) for any cause for which, if known by the department, issuance of the license could have been refused; or (2) if the …

Sec. 4153.152. LICENSE SUSPENSION. (a) An order suspending a license must specify the duration of the suspension period. The department may not suspend a license for a period of more than 12 months. (b) A license holder whose license is revoked or suspended shall surrender the li…

Sec. 4153.153. REINSTATEMENT OR REISSUANCE OF LICENSE. The commissioner may not reinstate the license of or reissue a license to a person whose license is suspended or revoked or to whom the department refuses to issue a renewal certificate until the first anniversary of the date…