Tex. Ins. Code Section 2051.157
Penalty for Certain Violations

An officer or other representative of an insurance company is subject to a fine of not less than $100 or more than $500 if the officer or other representative violates any provision of the following relating to the company’s business:

(1)

Subchapter A or B;

(2)

Section 2051.156 (Cancellation of Certificate of Authority Required) or 2051.201 (Rulemaking Authority: Workers’ Compensation Insurance);

(3)

Chapter 426 (Reserves for Workers’ Compensation Insurance Companies) or 2052 (Policy Provisions and Forms for Workers’);

(4)

Subchapter A, C, or D, Chapter 2053 (Rates for Workers’ Compensation Insurance); or

(5)

Section 2053.051 (Hazard Classification System), 2053.052 (Experience Rating Plan), or 2053.055 (Rate Adjustment).
Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 2, eff. April 1, 2007.
Amended by:
Acts 2007, 80th Leg., R.S., Ch. 730 (H.B. 2636), Sec. 2H.004, eff. April 1, 2009.
Acts 2019, 86th Leg., R.S., Ch. 558 (S.B. 1336), Sec. 1, eff. September 1, 2019.

Source: Section 2051.157 — Penalty for Certain Violations, https://statutes.­capitol.­texas.­gov/Docs/IN/htm/IN.­2051.­htm#2051.­157 (accessed May 18, 2024).

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Accessed:
May 18, 2024

§ 2051.157’s source at texas​.gov