Texas Insurance Code § 4152.302 Imposition Of Sanctions

Sec. 4152.302. IMPOSITION OF SANCTIONS. (a) The commissioner may impose or seek any sanction authorized by law, including the penalties authorized by Chapters 82 and 83, against a reinsurance intermediary, insurer, or reinsurer who the commissioner determines, after notice and hearing as provided by this code, has violated this chapter.

(b) The commissioner may impose or seek any sanction authorized by law, including the penalties authorized by Chapter 101, against a nonlicensed reinsurance intermediary who violates this chapter.

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

Section: Previous  4152.209  4152.210  4152.211  4152.212  4152.213  4152.214  4152.215  4152.216  4152.251  4152.252  4152.253  4152.254  4152.255  4152.256  4152.301

Last modified: September 28, 2016