Sec. 4056.055. WAIVER OF REQUIREMENTS FOR NONRESIDENT AGENT LICENSED IN OTHER STATE OR JURISDICTION. The department may waive any license requirement for an applicant who holds a valid license from another state or jurisdiction if:
(1) that state or jurisdiction has license requirements substantially equivalent to those of this state; or
(2) the waiver is necessary to promote reciprocal licensing of nonresident agents among a majority of the states.
Added by Acts 2003, 78th Leg., ch. 1274, Sec. 7, eff. April 1, 2005.
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