CHAPTER 4003. LICENSE EXPIRATION AND RENEWAL - Texas Statutes

INSURANCE CODE

TITLE 13. REGULATION OF PROFESSIONALS

SUBTITLE A. GENERAL PROVISIONS

CHAPTER 4003. LICENSE EXPIRATION AND RENEWAL

Sec. 4003.001. LICENSE EXPIRATION. (a) Unless a staggered

renewal system is adopted under Section 4003.002, each agent

license issued by the department and not suspended or revoked by

the commissioner expires on the second anniversary of the date

the license is issued.

(b) The commissioner by rule may change the two-year expiration

period if the commissioner determines that the change is

necessary to promote uniformity of license periods of this state

with those of other states.

Added by Acts 2003, 78th Leg., ch. 1274, Sec. 7, eff. April 1,

2005.

Sec. 4003.002. STAGGERED RENEWAL SYSTEM. (a) The commissioner

by rule may adopt a system under which licenses expire on various

dates during a licensing period.

(b) For the licensing period in which the license expiration is

changed, license fees shall be prorated so that each license

holder pays only that portion of the license fee allocable to the

period during which the license is valid. On renewal of the

license on the new expiration date, the total renewal fee is

payable.

(c) The commissioner shall adopt a system under which a person

who holds more than one license may renew all the licenses held

in a single process.

Added by Acts 2003, 78th Leg., ch. 1274, Sec. 7, eff. April 1,

2005.

Sec. 4003.003. NOTICE OF LICENSE EXPIRATION. Not later than the

30th day before the date a person's license expires, the

department shall send written notice of the impending license

expiration to the person at the person's last known mailing

address according to the department's records.

Added by Acts 2003, 78th Leg., ch. 1274, Sec. 7, eff. April 1,

2005.

Sec. 4003.004. PROCEDURE FOR RENEWAL OF LICENSE. (a) A person

may renew an unexpired license by:

(1) filing a properly completed renewal application with the

department in the form prescribed by the department; and

(2) paying to the department the required renewal fee in an

amount set by the department.

(b) A person may not renew a license that has been suspended or

revoked.

Added by Acts 2003, 78th Leg., ch. 1274, Sec. 7, eff. April 1,

2005.

Sec. 4003.005. RENEWAL FEE NONREFUNDABLE. A renewal fee paid

under this chapter is nonrefundable.

Added by Acts 2003, 78th Leg., ch. 1274, Sec. 7, eff. April 1,

2005.

Sec. 4003.006. CONTINUATION OF ORIGINAL LICENSE. The original

license of a person who has applied for license renewal in

compliance with Section 4003. 004 remains in effect from the date

the renewal application is filed until the date:

(1) the department issues the renewal license; or

(2) the commissioner issues an order revoking the license.

Added by Acts 2003, 78th Leg., ch. 1274, Sec. 7, eff. April 1,

2005.

Sec. 4003.007. RENEWAL OF EXPIRED LICENSE. (a) A person whose

license has been expired for 90 days or less may renew the

license by:

(1) filing a renewal application with the department in the form

prescribed by the department; and

(2) paying to the department:

(A) the required renewal fee; and

(B) an additional fee equal to one-half of the required renewal

fee.

(b) A person whose license has been expired for more than 90

days but less than one year may not renew the license. The person

may obtain a new license without taking the applicable

examination by:

(1) filing a new application with the department; and

(2) paying to the department:

(A) the license fee; and

(B) an additional fee equal to one-half of the license fee.

(c) A person whose license has been expired for one year or more

may not renew the license. The person may obtain a new license

by:

(1) submitting to reexamination, if examination is required for

original issuance of the license; and

(2) complying with the other requirements and procedures for

obtaining an original license.

Added by Acts 2003, 78th Leg., ch. 1274, Sec. 7, eff. April 1,

2005.

Sec. 4003.008. RENEWAL OF EXPIRED LICENSE BY OUT-OF-STATE AGENT.

(a) The department may renew without reexamination an expired

license of a person who was licensed in this state, moved to

another state, and is currently licensed and has been in

continual practice in the other state preceding the date of the

application.

(b) The person must pay to the department a fee equal to the

license fee.

Added by Acts 2003, 78th Leg., ch. 1274, Sec. 7, eff. April 1,

2005.

Sec. 4003.009. INTERSTATE MOVE BY AGENT. (a) Not later than

the 30th day after moving from one state to another state, an

agent licensed in this state shall file with the department:

(1) the agent's new address; and

(2) proof of authorization to engage in the business of

insurance in the new state of residence.

(b) The department may not charge a fee or require a license

application under this section.

Added by Acts 2003, 78th Leg., ch. 1274, Sec. 7, eff. April 1,

2005.

Sec. 4003.010. CHAPTER NOT APPLICABLE TO THIRD-PARTY

ADMINISTRATORS. This chapter does not apply to a certificate of

authority issued under Chapter 4151.

Added by Acts 2003, 78th Leg., ch. 1274, Sec. 7, eff. April 1,

2005.