Texas Administrative Code

Texas Administrative Code

TITLE 28	INSURANCE
PART 1	TEXAS DEPARTMENT OF INSURANCE
CHAPTER 19	LICENSING AND REGULATION OF INSURANCE PROFESSIONALS
SUBCHAPTER A	DISCIPLINARY HEARINGS IN RESPECT OF INSURANCE AGENTS
RULE §19.2	Effect of Surrendering or Attempting To Surrender Agent's License

(a) The surrender of any agent's license to the State Board of Insurance will not operate to negate any offense committed prior to the effective date of the surrender.

(b) Transmitting to the State Board of Insurance any or all insurance agent licenses held by an insurance agent for the purpose of surrender and cancellation will in no way affect pending disciplinary proceedings by the commissioner of insurance in respect of such agent.

(c) No communication will issue from the State Board of Insurance designed to effect the surrender of an insurance agent's license to avoid disciplinary proceedings.

Source Note: The provisions of this §19.2 adopted to be effective January 1, 1976; amended to be effective February 22, 1983, 8 TexReg 454; amended to be effective March 19, 1984, 9 TexReg 1357.