Texas Insurance Code 82.053 – Restitution
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(a) The commissioner may direct the holder of an authorization to make complete restitution to each Texas resident, each Texas insured, and each entity operating in this state that is harmed by a violation of, or failure to comply with, this code or a rule of the commissioner.
(b) The holder of the authorization shall make the restitution in the form and amount and within the period determined by the commissioner.
Terms Used In Texas Insurance Code 82.053
- Restitution: The court-ordered payment of money by the defendant to the victim for damages caused by the criminal action.
- Rule: includes regulation. See Texas Government Code 311.005