Texas Insurance Code 4102.204 – Administrative Penalty
Current as of: 2024 | Check for updates
|
Other versions
Terms Used In Texas Insurance Code 4102.204
- Rule: includes regulation. See Texas Government Code 311.005
The commissioner, in lieu of suspending or revoking a license for a violation of this chapter or a rule adopted under this chapter, may impose on a license holder an administrative penalty in an amount not to exceed $2,000 per violation if the commissioner determines that that action better serves the purposes of this chapter.