Each specialty license holder shall notify the department within 30 days of the occurrence of the following:
- (1) a change of the specialty license holder's mailing address;
- (2) an administrative action taken against the specialty license holder by the insurance regulator of another state;
- (3) the addition or removal of a location or office from which insurance sales are conducted under the specialty license;
- (4) a felony conviction of the specialty license holder or any individual who exercises control of the specialty license holder;
- (5) the addition or removal of an officer, director, partner, member, manager, or any other person in control of the specialty license holder.
Source Note:The provisions of this §19.1908 adopted to be effective February 20, 2001, 26 TexReg 1545.