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  H.B. No. 3018
 
 
 
 
AN ACT
  relating to reciprocity requirements for nonresident insurance
  agents to offer or sell insurance policies issued by the Texas
  Windstorm Insurance Association.
         BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
         SECTION 1.  Section 2210.152(a), Insurance Code, is amended
  to read as follows:
         (a)  The plan of operation must:
               (1)  provide for the efficient, economical, fair, and
  nondiscriminatory administration of the association; and
               (2)  include:
                     (A)  a plan for the equitable assessment of the
  members of the association to defray losses and expenses;
                     (B)  underwriting standards;
                     (C)  procedures for accepting and ceding
  reinsurance;
                     (D)  procedures for obtaining and repaying
  amounts under any financial instruments authorized under this
  chapter;
                     (E)  procedures for determining the amount of
  insurance to be provided to specific risks;
                     (F)  time limits and procedures for processing
  applications for insurance;
                     (G)  a requirement that a nonresident agent
  licensed under Section 4056.052 may not offer or sell a Texas
  windstorm and hail insurance policy under this chapter unless the
  nonresident agent's state of residence authorizes a resident agent
  licensed in this state to act in the nonresident agent's state as an
  agent for that state's residual insurer of last resort for
  windstorm and hail insurance; and
                     (H) [(G)]  other provisions as considered
  necessary by the department to implement the purposes of this
  chapter.
         SECTION 2.  This Act takes effect January 1, 2018.
 
 
  ______________________________ ______________________________
     President of the Senate Speaker of the House     
 
 
         I certify that H.B. No. 3018 was passed by the House on April
  28, 2017, by the following vote:  Yeas 128, Nays 4, 3 present, not
  voting.
 
  ______________________________
  Chief Clerk of the House   
 
 
         I certify that H.B. No. 3018 was passed by the Senate on May
  19, 2017, by the following vote:  Yeas 31, Nays 0.
 
  ______________________________
  Secretary of the Senate    
  APPROVED:  _____________________
                     Date          
   
            _____________________
                   Governor