H.B. No. 2362
1-1 AN ACT
1-2 relating to exemptions from the study requirements applicable to
1-3 local recording agents.
1-4 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
1-5 SECTION 1. Section 5a(b), Article 21.14, Insurance Code, is
1-6 amended to read as follows:
1-7 (b) Provided, however, none of the provisions of this
1-8 section shall apply to the following:
1-9 (1) To any person holding a license as a local
1-10 recording agent upon the effective date of this Act.
1-11 (2) To any person applying for an emergency local
1-12 recording agent's license under the provisions of Section 6a of
1-13 Article 21.14 of the Insurance Code of Texas.
1-14 (3) To any person who holds the designation Chartered
1-15 Property and Casualty Underwriter (C.P.C.U.) from the American
1-16 Institute for C.P.C.U., <Property and Liability Underwriters or>
1-17 the designation Certified Insurance Counselor (C.I.C.) from the
1-18 national Society of Certified Insurance Counselors, or the
1-19 designation Accredited Adviser in Insurance (A.A.I.) from the
1-20 Insurance Institute of America.
1-21 (4) To any person who has a bachelor's degree from a
1-22 four-year accredited college or university with a major in
1-23 insurance.
1-24 (5) To any person who within two (2) years immediately
2-1 preceding the filing of an application was a licensed agent in good
2-2 standing in the state from which the person moved to Texas,
2-3 provided such state makes similar provision for those agents who
2-4 may move from Texas to such state.
2-5 (6) To any person desiring to apply for a license to
2-6 solicit and write exclusively all forms of insurance authorized to
2-7 be solicited and written in Texas covering the ownership,
2-8 operation, maintenance or use of any motor vehicle, its accessories
2-9 and equipment, designed for use upon the public highways, including
2-10 trailers and semitrailers. Such person shall continue to apply for
2-11 and qualify to be licensed under the other provisions of Article
2-12 21.14 of the Insurance Code of Texas. Provided, such applicant
2-13 shall be required to take and pass, to the satisfaction of the
2-14 Texas Department <State Board> of Insurance, an examination,
2-15 promulgated by said department <Board>, covering only those forms
2-16 of insurance referred to in this paragraph. Provided, when such a
2-17 person so applies and qualifies, the person shall be issued a
2-18 license which shall contain on the face of said license the
2-19 following language: "Motor vehicle insurance only." An agent
2-20 holding such a limited license hereby created shall solicit only
2-21 those forms of insurance hereinabove provided, but shall be subject
2-22 to all other laws relating to local recording agents.
2-23 SECTION 2. The importance of this legislation and the
2-24 crowded condition of the calendars in both houses create an
2-25 emergency and an imperative public necessity that the
2-26 constitutional rule requiring bills to be read on three several
2-27 days in each house be suspended, and this rule is hereby suspended,
3-1 and that this Act take effect and be in force from and after its
3-2 passage, and it is so enacted.