Tex. Ins. Code § 541.352

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.

Section 541.352 - Effect of Assurance

(a) An assurance of voluntary compliance is not an admission of a prior violation of:

(1) this chapter or a rule adopted under this chapter; or

(2) Section 17.46, Business & Commerce Code.

(b) Unless an assurance of voluntary compliance is rescinded by agreement, a subsequent failure to comply with the assurance is prima facie evidence of a violation of:

(1) this chapter or a rule adopted under this chapter; or

(2) Section 17.46, Business & Commerce Code.

Tex. Ins. Code § 541.352

Added by Acts 2003, 78th Leg., ch. 1274, Sec. 2, eff. 4/1/2005.