Get Tx Tdi Fin507 2019

The TX TDI FIN507 form is essential for entities seeking to obtain a Texas insurance agency license. This guide provides a clear and comprehensive overview of each section of the form, ensuring that users can fill it out accurately and effectively.

Follow the steps to complete the TX TDI FIN507 form online.

1. Click ‘Get Form’ button to obtain the form and open it in the editor.
2. Begin with Part I, where you must select the license type. Choose only one option from the list provided. Ensure that you understand the differences between each license type to select the correct one.
3. In the applicant information section, enter the full legal name of your entity as per the official formation documents. Provide the Federal Employer Identification Number (FEIN) and daytime phone number, which are essential for processing your application.
4. Complete the official mailing address section. This must be the address of record with TDI. Be sure to include all parts of the address accurately, including city, state, and zip code.
5. Fill in your business address. This should be your primary office address where business records of Texas insurance transactions will be maintained. Note that a physical location is required; P.O. boxes are not accepted.
6. Provide your email address in the designated section, as this will be used for correspondence with TDI.
7. Indicate your entity's resident status by checking either 'Texas Entity' or 'Nonresident Entity.' Also answer whether the entity currently holds a similar license in its state of residence.
8. In Part II, you will need to list all responsible individuals or entities involved in the applicant's operations. Provide their full legal names, titles, complete mailing addresses, social security numbers, dates of birth, and Texas license numbers if applicable.
9. Include the fingerprint information for each individual listed. Ensure compliance with fingerprint requirements, as outlined in the form.
10. Proceed to Part III to detail the business authority and financial responsibility sections. Attach the required documentation demonstrating the entity's organization under the laws of Texas or another state.
11. Complete Part IV, which includes various screening questions about criminal history and previous business conduct. Attach any supporting documentation as necessary.
12. Sign and date the certification in Part V, confirming that all information is true to the best of your knowledge and that you understand the regulations related to the application process.
13. Finally, review all sections of the form for accuracy, save changes, and prepare to submit your application as instructed, along with any required fees.

Complete your TX TDI FIN507 application online today to start your journey in securing your insurance agency license.