Tex. Ins. Code § 1115.102

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

Section 1115.102 - Sanctions

(a) The commissioner may impose sanctions as provided by Chapter 82 for a violation of this chapter.

(b) The commissioner shall reduce or eliminate a sanction for a violation of this chapter otherwise applicable if:

(1) corrective action for the consumer was taken promptly by the agent or insurer after a violation was discovered; or

(2) the violation was not part of a pattern or practice.

Tex. Ins. Code § 1115.102

Amended By Acts 2011, 82nd Leg., R.S., Ch. 1156, Sec. 15, eff. 9/1/2011.

Added by Acts 2007, 80th Leg., R.S., Ch. 736, Sec. 1, eff. 9/1/2007.