Get Tx Fin165 2016-2025

This guide provides clear instructions for completing the TX FIN165 form online. By following these steps, users can efficiently fill out the Premium Finance Applicant Questionnaire and ensure compliance with Texas regulations.

Follow the steps to complete the TX FIN165 form online:

1. Press the ‘Get Form’ button to access the TX FIN165 form and open it in your chosen online editor.
2. In the first section, answer whether the applicant intends to carry on or permit any other business in the licensed location. If yes, provide details in a separate statement.
3. Indicate if the business for which the license is requested is currently operational. If it is, include the date established and any names it operates under in a separate statement.
4. Confirm if the applicant has net assets of at least $25,000 available for business operations.
5. Disclose if the applicant or any affiliates have previously been involved in ownership or control of a premium finance company or credit granting business in Texas or elsewhere. If yes, offer details in a separate statement.
6. Affirm the applicant’s understanding of the laws and regulations governing premium finance businesses, including relevant chapters of the Texas Insurance Code and other relevant regulations.
7. Respond to whether the applicant or any related entities have faced any license denials, legal issues, or bankruptcy. If yes to any, provide details in a separate statement.
8. Agree to abide by the lawful directives of the Texas Department of Insurance upon issuance of the license and commit to promptly updating the department about any changes.
9. Acknowledge that changes in ownership, name, or location require prior approval from the Texas Department of Insurance.
10. State if the applicant agrees to maintain accurate books and records for the Texas Department of Insurance to verify compliance.
11. Indicate if there is any affiliation or common ownership with specified entities such as insurance agents or loan companies. If yes, provide details in a separate statement.
12. Specify whether the applicant intends to limit financing premiums to their own agency or affiliated agency. If no, give details in a separate statement.
13. Provide the anticipated start date for the business under the requested license.
14. Confirm understanding that engaging in business financing insurance premiums requires either a received license or notification of issuance from the Texas Department of Insurance.
15. Indicate the anticipated area of operation from the business address, choosing from options like intrastate or interstate.
16. Reiterate the requirement to display the license at the location of business if issued.
17. Lastly, indicate whether a software company will be used and provide its name if applicable.
18. Once all sections are completed, save changes, and download, print, or share the form as needed.

Complete your TX FIN165 form online today for a smoother application process.