Tex. Ins. Code Section 553.004
Examination; Enforcement


If the commissioner considers it necessary, the commissioner may initiate an examination of an insurer under Sections 401.051 (Duty to Examine Carriers), 401.052 (Frequency of Examination), and 401.054-401.062.


If the commissioner believes that an insurer is violating or has violated this chapter, the commissioner may:


impose a sanction under Chapter 82 (Sanctions);


issue a cease and desist order under Chapter 83 (Emergency Cease and Desist Orders);


assess an administrative penalty under Chapter 84 (Administrative Penalties); or


refer the matter to the attorney general for appropriate enforcement.
Added by Acts 2003, 78th Leg., ch. 1274, Sec. 2, eff. April 1, 2005.
Amended by:
Acts 2007, 80th Leg., R.S., Ch. 730 (H.B. 2636), Sec. 2D.014, eff. April 1, 2009.

Source: Section 553.004 — Examination; Enforcement, https://statutes.­capitol.­texas.­gov/Docs/IN/htm/IN.­553.­htm#553.­004 (accessed Dec. 2, 2023).

Dec. 2, 2023

§ 553.004’s source at texas​.gov