(a) A person may not operate as a service contracts
provider, or offer to be a provider unless the person is either registered
with the department or the service contracts offered are specifically
exempt from Texas Occupations Code, Chapter 1304.
(b) A registration expires one year from the date issued.
(c) An applicant for a provider registration must submit
on department-approved forms:
(1) a completed application;
(2) a completed personal information form from each
controlling person as defined in Texas Occupations Code §1304.0035;
(3) a completed criminal history questionnaire from
each controlling person as defined in Texas Occupations Code §1304.0035,
if applicable;
(4) the fee required under §77.80; and
(5) proof of financial security required under §77.40.
(d) Within 30 days of a provider's initial registration
date, the provider must submit a list of the following information:
(1) website addresses where a consumer may purchase
the provider's service contracts, as applicable;
(2) the provider's administrator(s) as applicable,
including each administrator's name, assumed name, street address,
telephone number, and department registration number; and
(3) the provider's service contracts sellers, except
those excluded under Texas Occupations Code §1304.1025(c)(2),
including each seller's name, assumed name, street address, and telephone
number.
(e) A provider must report changes in its controlling
person(s) within 30 days of the change on a department approved form,
unless the change occurs within 30 days of the provider's renewal
date. If the change occurs within 30 days of a provider's renewal,
the provider may report it at the time of renewal on a department
approved form(s).
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Source Note: The provisions of this §77.20 adopted to be effective November 16, 2009, 34 TexReg 7791; amended to be effective March 1, 2012, 37 TexReg 1319; amended to be effective January 15, 2015, 40 TexReg 60; amended to be effective June 15, 2022, 47 TexReg 3455 |