<<Prev Rule

Texas Administrative Code

Next Rule>>
TITLE 28INSURANCE
PART 1TEXAS DEPARTMENT OF INSURANCE
CHAPTER 25INSURANCE PREMIUM FINANCE
SUBCHAPTER BLICENSING AND REGULATION
RULE §25.26Relocation of Licensed Offices

(a) A licensee may move its office from the licensed location to any other location by filing a supplemental application Form PF1A with the Department not less than 30 days prior to moving date. The application shall include the following as applicable:

  (1) List of Principals (Form PF2);

  (2) Current premium finance company license;

  (3) $20 processing fee;

  (4) Current Franchise Tax Certificate of Good Standing or letter of exemption issued by the Texas Comptroller of Public Accounts;

  (5) Copy of printed letter to be sent to the insureds; the notice letter shall include the following:

    (A) Name of the insurance premium finance company;

    (B) Both the old and new addresses;

    (C) Telephone number at the new location;

    (D) Date the relocation is effective; and

    (E) Mailing address.

(b) An amended license shall be issued reflecting the new address upon approval of the required documentation.

(c) The relocation notice shall be approved by the Department prior to printing. The notice shall be mailed to all insureds of record at least 15 days prior to the date of relocation.

(d) After relocation is complete, the insurance premium finance company shall submit, within 30 days, copies of all new business forms used, with the new location listed on each form.


Source Note: The provisions of this §25.26 adopted to be effective May 17, 1995, 20 TexReg 3337.

Link to Texas Secretary of State Home Page | link to Texas Register home page | link to Texas Administrative Code home page | link to Open Meetings home page