(a) The entity name may not be one that might falsely
imply governmental affiliation (example: Texas Real Estate Commission,
Inc.).
(b) The entity name may not imply a purpose that would
be unlawful for the entity to conduct.
(1) The words "insurance" or "surety" must be accompanied
by other words that remove the implication that the entity purpose
is to be an insurer. The name may include the phrase "insurance agency,
"insurance agent," "surety agency," or "surety agent."
(A) Example: John Hancock Insurance Company or A-1
Surety Company would not be filed.
(B) Example: John Hancock Insurance Agency, Inc. or
A-1 Surety Agents, Company would be filed.
(2) The words "bail bond" imply an unlawful purpose
as entities with these powers must be organized under the Texas Insurance
Code and these words may not be used in the name of a business entity.
Example: Ace Bail Bonds, Inc. would not be filed.
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