Texas Insurance Code § 4151.309 Criminal Penalty

Sec. 4151.309. CRIMINAL PENALTY. (a) An administrator commits an offense if the administrator knowingly violates this chapter or a rule of the commissioner adopted under this chapter.

(b) An offense under this section is a misdemeanor punishable by a fine of not less than $500 or more than $5,000.

Added by Acts 2003, 78th Leg., ch. 1274, Sec. 7, eff. April 1, 2005.

Renumbered from Insurance Code, Section 4151.208 and amended by Acts 2007, 80th Leg., R.S., Ch. 1176 (H.B. 472), Sec. 1.23, eff. September 1, 2007.

Section: Previous  4151.251  4151.252  4151.253  4151.254  4151.255  4151.256  4151.257  4151.301  4151.302  4151.303  4151.304  4151.305  4151.306  4151.307  4151.308

Last modified: September 28, 2016