Section 1152.151 - Agent's License Required(a) A person may not sell or offer for sale in this state a variable contract, or act to negotiate, make, or consummate a variable contract for another, unless the department has licensed the person under Chapter 4054 as a general life, accident, and health agent or a life agent.(b) The licensing and regulation of a person acting as a variable contract agent is subject to the same provisions applicable to the licensing and regulation of other agents under Title 13.Tex. Ins. Code § 1152.151
Amended By Acts 2007, 80th Leg., R.S., Ch. 730, Sec. 2F.009, eff. 4/1/2009.