Exams / Texas Life Insurance License / Tex. Ins. Code §841.101
Tex. Ins. Code §841.101 — what it says, and how the exam tests it
This section is cited by 3 of our practice questions and is tested on 3 exams including the Texas Life Insurance License.
The text
Sec. 841.101. CERTIFICATE OF AUTHORITY REQUIRED. A domestic insurance company may not engage in the business of insurance in this state, except for the lending of money, without first obtaining from the commissioner a certificate of authority that: (1) shows that the company has fully complied with the laws of this state; and (2) authorizes the company to engage in the business of insurance in this state. Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.
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.
- A domestic insurance company in Texas wants to begin writing policies. Under Texas Insurance Code §841.101, what must the company first obtain from the commissioner before engaging in the business of insurance?
drill Texas Statutes and Rules Common to Property and Casualty Insurance → - Under Tex. Ins. Code §841.101, a domestic insurance company may engage in which activity without first obtaining a certificate of authority?
drill Texas Statutes and Rules Common to Life and Health Insurance → - A domestic insurance company wishes to engage in the business of insurance in Texas. Under Tex. Ins. Code §841.101, the company must first obtain a certificate of authority that shows which of the following?
drill Texas Statutes and Rules Common to Life and Health Insurance →