Texas Insurance Code 4151.302 – Remedies for Violation of Insurance Laws or Commissioner Rules
Current as of: 2024 | Check for updates
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Terms Used In Texas Insurance Code 4151.302
- Person: includes corporation, organization, government or governmental subdivision or agency, business trust, estate, trust, partnership, association, and any other legal entity. See Texas Government Code 311.005
- Probation: A sentencing alternative to imprisonment in which the court releases convicted defendants under supervision as long as certain conditions are observed.
- Rule: includes regulation. See Texas Government Code 311.005
In addition to any other remedy available under Chapter 82 for a violation of this code, another insurance law of this state, or a commissioner rule, the department may:
(1) deny an application for a certificate of authority;
(2) suspend or revoke a certificate of authority;
(3) place on probation a person whose certificate of authority has been suspended;
(4) assess an administrative penalty; or
(5) reprimand a certificate of authority holder.