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DALCO GENERAL AGENCY, INC. v. COTTEN

No. 4905.

457 S.W.2d 348 (1970)

DALCO GENERAL AGENCY, INC., Appellant, v. Clay COTTEN, Commissioner of Insurance and the State Board of Insurance, Appellee.

Court of Civil Appeals of Texas, Waco.

June 25, 1970.

Attorney(s) appearing for the Case

Akin, Gump, Strauss, Hauer & Feld, Michael Lowenberg, Dallas, for appellant.

Philip G. Warner, Asst. Atty. Gen., Austin, for appellee.

OPINION

McDONALD, Chief Justice.

This is an appeal by plaintiff, Dalco General Agency, from a take nothing judgment, in a suit to require the Insurance Commission, to grant it a managing general agents license; and involves construction of Article 21.07-3 Section 5(b), Texas Insurance Code, V.A.T.S.

Dalco Agency had a Managing General Agent's License prior to the effective date of Article 21.07-3 Texas Insurance Code on August 28, 1967.

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