Texas Statutes and Rules Common to Life and Health Insurance
Under Texas Insurance Code §4005.109, which statement about a late report of an agent’s address change is correct?
Answer and explanation
Answer: C. Section 4005.109 permits fines established by rule for specified violations, including a late address-change report. It preserves other disciplinary authority. It does not itself prescribe the claimed $50-per-day amount. Section 4001.105 is a license-issuance provision.Source: Texas Insurance Code — §4005.109(a)–(c)
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