Sec. 2051.157. PENALTY FOR CERTAIN VIOLATIONS. An officer or other representative of an insurance company is subject to a fine of not less than $100 or more than $500 if the officer or other representative violates any provision of the following relating to the company's business:
(1) Subchapter A or B;
(2) Section 2051.156 or 2051.201;
(3) Chapter 426 or 2052;
(4) Subchapter A, C, or D, Chapter 2053; or
(5) Section 2053.051, 2053.052, 2053.053, or 2053.055.
Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 2, eff. April 1, 2007.
Amended by:
Acts 2007, 80th Leg., R.S., Ch. 730 (H.B. 2636), Sec. 2H.004, eff. April 1, 2009.
Last modified: September 28, 2016