Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
(a) To expedite the department's processing of certain violations of this code, the commissioner by rule may establish fines for certain violations.(b) A violation for which a fine may be assessed under this section includes a failure to: (1) obtain the total number of continuing education hours before the expiration date of a license;(2) timely report a change of address to the department; or(3) notify the department of an administrative action against the agent by a financial or insurance regulator of another state or of the federal government.(c) This section does not limit the department's authority to take any other disciplinary action against a license holder as otherwise provided by this code.(d) The dispute of an assessment of a fine under this section is a contested case subject to Chapter 2001, Government Code.Tex. Ins. Code § 4005.109
Amended by Acts 2015, Texas Acts of the 84th Leg. - Regular Session, ch. 1172,Sec. 12, eff. 9/1/2015.Added by Acts 2003, 78th Leg., ch. 1274, Sec. 7, eff. 4/1/2005. See Acts 2015, Texas Acts of the 84th Leg. - Regular Session, ch. 1172, Sec. 24.