CHAPTER 4003. LICENSE EXPIRATION AND RENEWAL
INSURANCE CODE
TITLE 13. REGULATION OF PROFESSIONALS
SUBTITLE A. GENERAL PROVISIONS
CHAPTER 4003. LICENSE EXPIRATION AND RENEWAL
Sec. 4003.001. LICENSE EXPIRATION. (a) Unless a staggered
renewal system is adopted under Section 4003.002, each agent
license issued by the department and not suspended or revoked by
the commissioner expires on the second anniversary of the date
the license is issued.
(b) The commissioner by rule may change the two-year expiration
period if the commissioner determines that the change is
necessary to promote uniformity of license periods of this state
with those of other states.
Added by Acts 2003, 78th Leg., ch. 1274, Sec. 7, eff. April 1,
2005.
Sec. 4003.002. STAGGERED RENEWAL SYSTEM. (a) The commissioner
by rule may adopt a system under which licenses expire on various
dates during a licensing period.
(b) For the licensing period in which the license expiration is
changed, license fees shall be prorated so that each license
holder pays only that portion of the license fee allocable to the
period during which the license is valid. On renewal of the
license on the new expiration date, the total renewal fee is
payable.
(c) The commissioner shall adopt a system under which a person
who holds more than one license may renew all the licenses held
in a single process.
Added by Acts 2003, 78th Leg., ch. 1274, Sec. 7, eff. April 1,
2005.
Sec. 4003.003. NOTICE OF LICENSE EXPIRATION. Not later than the
30th day before the date a person's license expires, the
department shall send written notice of the impending license
expiration to the person at the person's last known mailing
address according to the department's records.
Added by Acts 2003, 78th Leg., ch. 1274, Sec. 7, eff. April 1,
2005.
Sec. 4003.004. PROCEDURE FOR RENEWAL OF LICENSE. (a) A person
may renew an unexpired license by:
(1) filing a properly completed renewal application with the
department in the form prescribed by the department; and
(2) paying to the department the required renewal fee in an
amount set by the department.
(b) A person may not renew a license that has been suspended or
revoked.
Added by Acts 2003, 78th Leg., ch. 1274, Sec. 7, eff. April 1,
2005.
Sec. 4003.005. RENEWAL FEE NONREFUNDABLE. A renewal fee paid
under this chapter is nonrefundable.
Added by Acts 2003, 78th Leg., ch. 1274, Sec. 7, eff. April 1,
2005.
Sec. 4003.006. CONTINUATION OF ORIGINAL LICENSE. The original
license of a person who has applied for license renewal in
compliance with Section 4003. 004 remains in effect from the date
the renewal application is filed until the date:
(1) the department issues the renewal license; or
(2) the commissioner issues an order revoking the license.
Added by Acts 2003, 78th Leg., ch. 1274, Sec. 7, eff. April 1,
2005.
Sec. 4003.007. RENEWAL OF EXPIRED LICENSE. (a) A person whose
license has been expired for 90 days or less may renew the
license by:
(1) filing a renewal application with the department in the form
prescribed by the department; and
(2) paying to the department:
(A) the required renewal fee; and
(B) an additional fee equal to one-half of the required renewal
fee.
(b) A person whose license has been expired for more than 90
days but less than one year may not renew the license. The person
may obtain a new license without taking the applicable
examination by:
(1) filing a new application with the department; and
(2) paying to the department:
(A) the license fee; and
(B) an additional fee equal to one-half of the license fee.
(c) A person whose license has been expired for one year or more
may not renew the license. The person may obtain a new license
by:
(1) submitting to reexamination, if examination is required for
original issuance of the license; and
(2) complying with the other requirements and procedures for
obtaining an original license.
Added by Acts 2003, 78th Leg., ch. 1274, Sec. 7, eff. April 1,
2005.
Sec. 4003.008. RENEWAL OF EXPIRED LICENSE BY OUT-OF-STATE AGENT.
(a) The department may renew without reexamination an expired
license of a person who was licensed in this state, moved to
another state, and is currently licensed and has been in
continual practice in the other state preceding the date of the
application.
(b) The person must pay to the department a fee equal to the
license fee.
Added by Acts 2003, 78th Leg., ch. 1274, Sec. 7, eff. April 1,
2005.
Sec. 4003.009. INTERSTATE MOVE BY AGENT. (a) Not later than
the 30th day after moving from one state to another state, an
agent licensed in this state shall file with the department:
(1) the agent's new address; and
(2) proof of authorization to engage in the business of
insurance in the new state of residence.
(b) The department may not charge a fee or require a license
application under this section.
Added by Acts 2003, 78th Leg., ch. 1274, Sec. 7, eff. April 1,
2005.
Sec. 4003.010. CHAPTER NOT APPLICABLE TO THIRD-PARTY
ADMINISTRATORS. This chapter does not apply to a certificate of
authority issued under Chapter 4151.
Added by Acts 2003, 78th Leg., ch. 1274, Sec. 7, eff. April 1,
2005.