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AN ACT
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relating to certain continuing education requirements for agents |
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who sell annuities. |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Section 4004.202(b), Insurance Code, is amended |
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to read as follows: |
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(b) Each agent described by Subsection (a) must complete |
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eight [four] hours of continuing education [annually] that |
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specifically relates to annuities during the agent's two-year |
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licensing period. [The annual period under this section must be
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based on the agent's license expiration date or another date
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specified by the commissioner by rule, and the education
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requirement under this subsection must be met within that annual
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period, notwithstanding Section 4004.051(b).] |
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SECTION 2. This Act takes effect September 1, 2011. |
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______________________________ |
______________________________ |
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President of the Senate |
Speaker of the House |
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I certify that H.B. No. 2154 was passed by the House on April |
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6, 2011, by the following vote: Yeas 142, Nays 1, 1 present, not |
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voting; and that the House concurred in Senate amendments to H.B. |
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No. 2154 on May 27, 2011, by the following vote: Yeas 136, Nays 0, |
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3 present, not voting. |
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______________________________ |
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Chief Clerk of the House |
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I certify that H.B. No. 2154 was passed by the Senate, with |
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amendments, on May 17, 2011, by the following vote: Yeas 31, Nays |
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0 |
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. |
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______________________________ |
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Secretary of the Senate |
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APPROVED: __________________ |
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Date |
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__________________ |
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Governor |