Sec. 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.
Added by Acts 2007, 80th Leg., R.S., Ch. 736 (H.B. 2761), Sec. 1, eff. September 1, 2007.
Amended by:
Acts 2011, 82nd Leg., R.S., Ch. 1156 (H.B. 2277), Sec. 15, eff. September 1, 2011.
Section: Previous 1115.001 1115.002 1115.003 1115.004 1115.005 1115.051 1115.052 1115.053 1115.054 1115.055 1115.056 1115.101Last modified: September 28, 2016