TEXAS DEPARTMENT OF PUBLIC SAFETY PRIVATE SECURITY BUREAU NEWEST ACTUAL 2025/2026 - QUALIFIED MANAGER EXAM WITH COMPLETE QUESTIONS AND SOLUTIONS .VERIFED/GRADED A+

TEXAS DEPARTMENT OF PUBLIC SAFETY PRIVATE SECURITY
BUREAU NEWEST ACTUAL 2025/2026 - QUALIFIED MANAGER
EXAM WITH COMPLETE QUESTIONS AND SOLUTIONS
.VERIFED/GRADED A+


Texas Private Security Act CH. 1702.119(c) - Manager Required
- ---Answers---(c) If a manager lacks the experience to
qualify to manage each category of service included in a
license or application, the license holder must designate a
supervisor qualified under Subsection (b) who is responsible
for each service for which the manager is not qualified.


Texas Private Security Act CH. 1702.120(a) - False Application
of Manager - ---Answers---(a) An individual may not:
(1) serve as manager of an investigations company, guard
company, alarm systems company, armored car company,
courier company, or guard dog
company; and
(2) fail to maintain that supervisory position on a daily basis
for that company.


Texas Private Security Act CH. 1702.120(b) - False Application
of Manager - ---Answers---(b) An individual may not apply to
the board to serve as manager of an investigations company,
guard company, alarm systems company, armored car
company, courier company, or guard dog company without the
intent to maintain that supervisory position on a daily basis for
that company.

,Texas Private Security Act CH. 1702.121(a) - Termination of
Manager - ---Answers---(a) A license holder shall notify the
board in writing not later than the 14th day after the date a
manager ceases to be manager of the license holder's
business. The license remains in effect for a reasonable period
after notice is given as provided by board rule pending the
board's determination of the qualification of another manager
under this subchapter.


Texas Private Security Act CH. 1702.121(b) - Termination of
Manger - ---Answers---(b) A manager shall immediately
cease all managerial actions on the effective date of any
summary action taken against the manager. Any period of
temporary operation authorized under this section or Section
1702.122 begins on the effective date of the summary action.


Texas Private Security Act CH. 1702.122 - Temporary
Continuation of License Holder's Business - ---Answers---
Under the terms provided by board rule, a license holder's
business may continue for a temporary period if the individual
on the basis of whose qualifications a license under this
chapter has been obtained ceases to be connected with the
license holder.


Texas Private Security Act CH. 1702.123(a) - Insurance; Bond -
---Answers---(a) A license holder shall maintain on file with
the board at all times the surety bond and certificate of
insurance required by this chapter.

,Texas Private Security Act CH. 1702.123(b) - Insurance; Bond -
---Answers---(b) The board shall immediately suspend the
license of a license holder who violates Subsection (a).


Texas Private Security Act CH. 1702.123(c) - Insurance; Bond -
---Answers---(c) The board may rescind the license
suspension if the license holder provides proof to the board
that the bond or the insurance coverage is still in effect. The
license holder must provide the proof in a form satisfactory to
the board not later than the 10th day after the date the license
is suspended.


Texas Private Security Act CH. 1702.123(d) - Insurance; Bond -
---Answers---(d) After suspension of the license, the board
may not reinstate the license until an application, in the form
prescribed by the board, is filed accompanied by a proper
bond, insurance certificate, or both. The board may deny the
application notwithstanding the applicant's compliance with
this section:
(1) for a reason that would justify suspending, revoking, or
denying a license; or
(2) if, during the suspension, the applicant performs a practice
for which a license is required.


Texas Private Security Act CH. 1702.124(a) - Insurance
Requirement - ---Answers---(a) An applicant is not eligible
for a license unless the applicant provides as part of the
application:

, (1) a certificate of insurance or other documentary evidence of
a general liability insurance policy countersigned by an
insurance agent licensed in this state; or
(2) a certificate of insurance for surplus lines coverage
obtained under Chapter 981, Insurance Code, through a
licensed Texas surplus lines agent resident in this state.


Texas Private Security Act CH. 1702.124(b) - Insurance
Requirement - ---Answers---(b) The general liability
insurance policy must be conditioned to pay on behalf of the
license holder damages that the license holder becomes
legally obligated to pay because of bodily injury, property
damage, or personal injury, caused by an event involving the
principal, or an officer, agent, or employee of the principal, in
the conduct of any activity or service for which the license
holder is licensed under this chapter.


Texas Private Security Act CH. 1702.124(c) - Insurance
Requirement - ---Answers---(c) The insurance policy must
contain minimum limits of:
(1) $100,000 for each occurrence for bodily injury and property
damage;
(2) $50,000 for each occurrence for personal injury; and
(3) a total aggregate amount of $200,000 for all occurrences.


Texas Private Security Act CH. 1702.124(d) - Insurance
Requirement - ---Answers---(d) A person who is licensed to
install and service fire alarms under Article 5.43-2, Insurance
Code, complies with the insurance requirements of this