SECTION 15.1. Applicability

(a) This chapter applies to all surplus lines insurance transactions if Texas is the home state of the insured.

(b) Texas Department of Insurance rules applicable to licensing, regulation, and supervision of surplus lines agents and surplus lines insurers and transactions in effect before the effective date of an applicable section in this chapter apply in the adjudication of acts and transactions occurring before the effective date of the section.

(c) Section 15.114 of this title is applicable beginning January 1, 2019.

Source Note: The provisions of this §15.1 adopted to be effective December 30, 2018, 43 TexReg 8455