Enrolled Bill Summary

House Bill 2503	House Author:  Thompson
Effective:  9-1-11	Senate Sponsor:  Eltife

Current law sets out conditions under which the Texas Department of Insurance is required to issue an insurance agent license to a corporation or partnership. House Bill 2503 amends the Insurance Code to remove as one of those conditions the department's determination that the corporation or partnership is admitted to engage in business in Texas by the secretary of state.