85R10208 MEW-D
By: Davis of Dallas H.B. No. 2153
A BILL TO BE ENTITLED
AN ACT
relating to the eligibility for appointment as commissioner of
insurance.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. Section 33.002(b), Insurance Code, is amended to
read as follows:
(b) A person is not eligible for appointment as commissioner
if the person:
(1) is a stockholder, director, officer, attorney,
agent, or employee of an insurance company, insurance agent,
insurance broker, or insurance adjuster; [or]
(2) is directly or indirectly interested in a business
described by Subdivision (1); or
(3) has been employed by or otherwise professionally
associated with an insurance company in the preceding five years.
SECTION 2. The change in law made by this Act to Section
33.002, Insurance Code, applies only to the eligibility of a person
appointed on or after the effective date of this Act to serve as the
commissioner of insurance.
SECTION 3. This Act takes effect September 1, 2017.