Sec. 651.057.  ISSUANCE OF LICENSE.  After approval of an application and on receipt of the required license fee, the department shall:
(1)  issue a license authorizing the license holder to engage in business as an insurance premium finance company at the location specified in the license holder's application;  and
(2)  send the license to the applicant.
Added by Acts 2003, 78th Leg., ch. 1274, Sec. 2, eff. April 1, 2005.