Texas Insurance Code - Section 101.103. Powers Of Commissioner; Remedies For Certain Conduct
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§ 101.103. POWERS OF COMMISSIONER; REMEDIES FOR CERTAIN
CONDUCT. (a) If the commissioner has reason to believe a person,
including an insurer, has violated or is threatening to violate
this chapter or Chapter 226 or a rule adopted under this chapter or
Chapter 226, or that a person, including an insurer, violating this
chapter or Chapter 226 has engaged in or is threatening to engage in
an unfair act, the commissioner may:
(1) issue a cease and desist order under Subchapter D;
(2) seek injunctive relief under Section 101.105;
(3) request the attorney general to recover a civil
penalty under Section 101.105; or
(4) take any combination of those actions.
(b) This section does not limit the department to the
remedies specified in this section. The department and this state
may choose at any time, without regard to prior proceedings under
this section, any available remedy or action to immediately stop or
enjoin a person from engaging in the business of insurance without
statutory authorization.
Added by Acts 1999, 76th Leg., ch. 101, § 1, eff. Sept. 1, 1999.
Amended by Acts 2003, 78th Leg., ch. 1274, § 14, eff. April 1,
2005.
Section: 101.051 101.052 101.053 101.054 101.055 101.101 101.102 101.103 101.104 101.105 101.106 101.151 101.152 101.153 101.154
Last modified: August 11, 2007
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