Sec. 4001.108.  ISSUANCE OF LICENSE TO ENTITY CHARTERED BY FEDERAL FARM CREDIT ADMINISTRATION.  The department may license an entity chartered by the federal Farm Credit Administration under the farm credit system established under 12 U.S.C. Section 2001 et seq., as amended, to solicit insurance in this state as provided by 12 U.S.C. Section 2218, as amended.  The department shall issue the license in the manner provided by this subchapter for the licensing of a corporation.
Added by Acts 2003, 78th Leg., ch. 1274, Sec. 7, eff. April 1, 2005.