81st Texas Legislature, Regular Session, House Bill 1294, Chapter 362 Page: 4 of 9
9 p.View a full description of this legislative document.
Extracted Text
The following text was automatically extracted from the image on this page using optical character recognition software:
H.B. No. 1294
1 CHAPTER 1117. USE OF SENIOR-SPECIFIC CERTIFICATIONS OR
2 PROFESSIONAL DESIGNATIONS
3 SUBCHAPTER A. GENERAL PROVISIONS
4 Sec. 1117.001. PURPOSE. The purpose of this chapter is to
5 establish standards to protect consumers from misleading and
6 fraudulent marketing practices with respect to the use of certain
7 senior-specific certifications and professional designations in
8 soliciting the sale or purchase of, or providing advice made
9 concerning, life insurance or annuity products.
10 Sec. 1117.002. DEFINITIONS. In this chapter:
11 (1) "Insurance agent" means an agent licensed under
12 this code to sell, solicit the sale of, or negotiate a life
13 insurance or annuity product.
14 (2) "Senior-specific certification or professional
15 designation" means a certification or designation that implies that
16 an insurance agent holds a special certification or has specialized
17 training in advising or servicing seniors regarding purchasing or
18 selling a life insurance or annuity product.
19 Sec. 1117.003. APPLICABILITY OF CHAPTER; CONSTRUCTION WITH
20 OTHER LAW. (a) This chapter applies to any solicitation, sale or
21 purchase of, or advice made in connection with, a life insurance or
22 annuity product by an insurance agent.
23 (b) Nothing in this chapter may be construed to limit the
24 commissioner's authority to enforce any other provision of this
25 code or another law.
26 [Sections 1117.004-1117.050 reserved for expansion]4
Upcoming Pages
Here’s what’s next.
Search Inside
This document can be searched. Note: Results may vary based on the legibility of text within the document.
Tools / Downloads
Get a copy of this page or view the extracted text.
Citing and Sharing
Basic information for referencing this web page. We also provide extended guidance on usage rights, references, copying or embedding.
Reference the current page of this Legislative Document.
Texas. Legislature. House of Representatives. 81st Texas Legislature, Regular Session, House Bill 1294, Chapter 362, legislative document, June 19, 2009; [Austin, Texas]. (https://texashistory.unt.edu/ark:/67531/metapth148263/m1/4/: accessed April 28, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu; crediting UNT Libraries Government Documents Department.