Exams / Texas Life Insurance License / Tex. Ins. Code §4005.105
Tex. Ins. Code §4005.105 — what it says, and how the exam tests it
This section is cited by 5 of our practice questions and is tested on 2 exams including the Texas Life Insurance License.
The text
Sec. 4005.105. APPLICATION FOR LICENSE AFTER DENIAL OF APPLICATION OR REVOCATION OF LICENSE. (a) This section does not apply to a person who holds a license or certificate of authority issued under Title 11. (b) An individual whose license application has been denied or whose license has been revoked under this subchapter may not apply for an agent license before the fifth anniversary of: (1) the effective date of the denial or revocation; or (2) the date of a final court order affirming the denial or revocation if judicial review was sought. (c) A license application filed after the time required by Subsection (b) may be denied by the commissioner if the applicant fails to show good cause why the denial or revocation should not be a bar to the issuance of a new license. (d) Subsections (b) and (c) do not apply to an applicant whose license application was denied or revoked for failure by the applicant to: (1) pass a required written examination; (2) complete continuing education or pay an applicable fine under Section 4004.055(a); or (3) submit a properly completed license application. Added by Acts 2003, 78th Leg., ch. 1274, Sec. 7, eff. April 1, 2005. Amended by: Acts 2015, 84th Leg., R.S., Ch. 1172 (S.B. 876), Sec. 11, eff. September 1, 2015.
Public record. Read the full, current section at the official source: tcss.legis.texas.gov
How it comes up on the exam
Practice questions written from this section — answers and explanations are in the drill.
- Under Tex. Ins. Code §4005.105, which of the following situations would NOT subject an applicant to the five-year waiting period before reapplying for an agent license?
drill Texas Statutes and Rules Common to Life and Health Insurance → - An agent's license has been revoked by the Texas Department of Insurance. Under Tex. Ins. Code §4005.105, how long must the individual wait before applying for a new agent license?
drill Texas Statutes and Rules Common to Life and Health Insurance → - Under Tex. Ins. Code §4005.105, if an applicant reapplies after the required waiting period, the commissioner may still deny the application unless the applicant demonstrates what?
drill Texas Statutes and Rules Common to Life and Health Insurance →