1. (a) A corporation, unincorporated association, partnership, or individual may file with the commissioner an application for an advisory organization license for the kinds of insurance specified in the application.

2. (b) The applicant must:

   1. (1) file with the commissioner:

      1. (A) a copy of the applicant's:

         1. (i) constitution and bylaws;
         2. (ii) article of agreement or association or certificate of incorporation; and
         3. (iii) rules governing the applicant's activities as an advisory organization; and
      2. (B) a statement of qualifications to act as an advisory organization; and
   2. (2) pay a $100 license fee.

Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 2, eff. April 1, 2007.