Sec. 861.702. PENALTY. A general casualty company that violates Section 861.101 is subject to a penalty of $100 for each day the company writes new business in this state without the certificate of authority required by that section.
Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.
Section: Previous 861.152 861.153 861.154 861.155 861.201 861.251 861.252 861.253 861.254 861.255 861.256 861.257 861.258 861.701 861.702Last modified: September 28, 2016