Tex. Ins. Code § 1114.102 · Subchapter C. ENFORCEMENT
ADDITIONAL SANCTIONS.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) In addition to sanctions and penalties under Chapter 541 as provided by Section 1114.101, an insurer or agent that violates this chapter is subject to sanctions as provided by Chapter 82, which may include:
(1) the revocation or suspension of the agent's license or the insurer's certificate of authority;
(2) administrative penalties under Chapter 84; and
(3) forfeiture of any commissions or other compensation paid to an agent as a result of the transaction in connection with which the violations occurred.
(b) In addition, if the commissioner has determined that the violations of this chapter were material to the sale, the insurer may be required to:
(1) make restitution in the manner provided by Section 82.053;
(2) restore policy or contract values; and
(3) pay interest at the rate set by Section 84.050 on the amount refunded in cash.
Notes and commentary — not statutory text
History
Added by Acts 2007, 80th Leg., R.S., Ch. 904 (H.B. 2762), Sec. 1, eff. September 1, 2007.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/IN/htm/IN.1114.htm
- Text hash
- sha256 8ded794d34d58a2f4afbad2df32d3790ab21dfa106aaa9aba3803a0d562e5e1e
- Composed by
- compose_tx.py 2026-10-05: the Legislative Council's chapter files read in document order; verify_tx.py's independent reading (lxml DOM walk) agrees character for character
This section cites
Provisions in this library that the text above cites, as it prints each citation. A range cited as “ss. 61.13-61.16” links its first and last provisions.
Insurance Code
- Tex. Ins. Code ch. 82SANCTIONSPrinted as Chapter 82
- Tex. Ins. Code § 82.053RESTITUTION.Printed as Section 82.053
- Tex. Ins. Code ch. 84ADMINISTRATIVE PENALTIESPrinted as Chapter 84
- Tex. Ins. Code § 84.050REMITTANCE OF PENALTY AND INTEREST.Printed as Section 84.050
- Tex. Ins. Code ch. 541UNFAIR METHODS OF COMPETITION AND UNFAIR OR DECEPTIVE ACTS OR PRACTICESPrinted as Chapter 541
- Tex. Ins. Code § 1114.101UNFAIR METHOD OF COMPETITION; SANCTIONS AND PENALTIES.Printed as Section 1114.101
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.