Sec. 101.054.  EXCEPTION;  FULL-TIME SALARIED EMPLOYEE.  Section 101.051(b)(6) does not prohibit a full-time salaried employee of a corporate insured from acting as an insurance manager or buyer in placing insurance on behalf of:
(1)  the employee's employer;  or
(2)  a parent or affiliated company of the employer.
Added by Acts 1999, 76th Leg., ch. 101, Sec. 1, eff. Sept. 1, 1999.