Gavvy: Ins. Code, Sec. 1115.0515. Conflict of Interest Obligation.

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Sec. 1115.0515. Conflict of Interest Obligation.


Sec. 1115.0515.  CONFLICT OF INTEREST OBLIGATION.  (a)  An agent shall take reasonable steps to discover a material conflict of interest, including a material conflict of interest related to an ownership interest.
(b)  An agent shall:
(1)  identify and avoid a material conflict of interest; or
(2)  reasonably manage and disclose the conflict.
Added by Acts 2021, 87th Leg., R.S., Ch. 262 (H.B. 1777), Sec. 9, eff. September 1, 2021.

Gavvy last updated this database on: Sep 6, 2024