Texas Statutes and Rules Common to Life and Health Insurance
A Texas resident life agent moves to another state. According to TDI’s FIN533 instructions, what is required before Texas can change the license to nonresident status?
Answer and explanation
Answer: C. FIN533 states that an agent moving from Texas must first obtain a resident license in the new state before TDI can change the Texas resident license to nonresident status. Section 4001.051 is not the conversion procedure.Source: Texas Department of Insurance — FIN533, Important notes
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