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Managing General Agent Bond

Individuals interested in acting as managing general agents in the State of Texas are required to post $25,000 Texas Managing General Agent Bond bonds to ensure compliance with the Texas Insurance Code 4001.106.. Texas insurance agency bonds exist to protect consumers and the state from any illegal or fraudulent activity, including failing to renew license while continuing business operations, acquiring and insuring any good that they have personal interest in, or failing to maintain necessary records.

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