Tex. Ins. Code Section 1115.102
Sanctions

(a)

The commissioner may impose sanctions as provided by Chapter 82 (Sanctions) for a violation of this chapter.

(b)

The commissioner shall reduce or eliminate a sanction for a violation of this chapter otherwise applicable if:

(1)

corrective action for the consumer was taken promptly by the agent or insurer after a violation was discovered; or

(2)

the violation was not part of a pattern or practice.
Added by Acts 2007, 80th Leg., R.S., Ch. 736 (H.B. 2761), Sec. 1, eff. September 1, 2007.
Amended by:
Acts 2011, 82nd Leg., R.S., Ch. 1156 (H.B. 2277), Sec. 15, eff. September 1, 2011.

Source: Section 1115.102 — Sanctions, https://statutes.­capitol.­texas.­gov/Docs/IN/htm/IN.­1115.­htm#1115.­102 (accessed Jun. 5, 2024).

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Accessed:
Jun. 5, 2024

§ 1115.102’s source at texas​.gov