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Texas Insurance Code - Section 82.055. Informal Disposition

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§ 82.055. INFORMAL DISPOSITION. (a) The commissioner may informally dispose of a matter under this subchapter by consent order, agreed settlement, stipulation, or default. (b) An informal disposition may include a provision under which the holder of the authorization agrees to a sanction under this subchapter with the express reservation that: (1) the holder does not admit a violation of this code or of a rule; and (2) the existence of a violation is in dispute. Added by Acts 1999, 76th Leg., ch. 101, § 1, eff. Sept. 1, 1999.

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Last modified: August 11, 2007