| (a) Except as may be provided under §19.801 of this title
(relating to General Provisions Regarding Licensing Fees and License Renewal),
each specialty license issued by the department expires on the second anniversary
of the date of issuance unless suspended or revoked by the commissioner. A
specialty license holder may renew a license that has not expired or has not
been suspended or revoked by filing a properly completed renewal application
with the department in the form prescribed by the department and paying to
the department before the expiration date of the license the required renewal
fee as specified in §19.802 of this title (relating to Amounts of Fees).
A renewal fee is nonrefundable.
(b) The provisions of Insurance Code Article 21.01-2 §2
concerning the renewal of an insurance agent license shall apply to the specialty
license issued under Insurance Code Article 21.09 and this subchapter.
(c) When a complete renewal application is filed not later
than the expiration date of the license and accompanied by the renewal fee
specified in §19.802 of this title, the original license continues in
force until:
(1) the department issues the renewal license; or
(2) the commissioner issues an order suspending or revoking
the license.
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