(a) A person commits an offense if the person violates a law of this state regulating the business of life, fire, or marine insurance.
(b) Unless another penalty is provided by law, an offense under this section is a misdemeanor punishable by a fine of not less than $500 or more than $1,000.

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Terms Used In Texas Insurance Code 85.001

  • Person: includes corporation, organization, government or governmental subdivision or agency, business trust, estate, trust, partnership, association, and any other legal entity. See Texas Government Code 311.005