Texas Insurance Code 887.704 – Violation of Commissioner Order; Criminal Penalty
Current as of: 2024 | Check for updates
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(a) A director, officer, agent, employee, attorney at law, or attorney in fact of an association commits an offense if the person wilfully fails to comply with a lawful order of the commissioner.
(b) An offense under this section is punishable by:
(1) a fine not to exceed $500;
(2) confinement in jail for a term not to exceed six months; or
(3) both the fine and confinement.
Terms Used In Texas Insurance Code 887.704
- 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