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TITLE 28 | INSURANCE |
PART 1 | TEXAS DEPARTMENT OF INSURANCE |
CHAPTER 19 | LICENSING AND REGULATION OF INSURANCE PROFESSIONALS |
SUBCHAPTER N | LICENSING AND REGULATION OF RISK MANAGERS |
RULE §19.1318 | Dual Compensation |
A person licensed under the provisions of the Insurance Code, Article 21.14-1, who is also licensed under the Insurance Code, Article 21.14, and who receives a commission or compensation for his services as an agent licensed under the Insurance Code, Article 21.14, shall not be entitled to receive a fee for his services relative to the same policy placement as a risk manager within a 24-month period without full disclosure in writing of the fee to the insured. |
Source Note: The provisions of this §19.1318 adopted to be effective May 4, 1989, 14 TexReg 1934 |