Sec. 4151.309. CRIMINAL PENALTY. (a) An administrator commits an offense if the administrator knowingly violates this chapter or a rule of the commissioner adopted under this chapter.
(b) An offense under this section is a misdemeanor punishable by a fine of not less than $500 or more than $5,000.
Added by Acts 2003, 78th Leg., ch. 1274, Sec. 7, eff. April 1, 2005.
Renumbered from Insurance Code, Section 4151.208 and amended by Acts 2007, 80th Leg., R.S., Ch. 1176 (H.B. 472), Sec. 1.23, eff. September 1, 2007.
Structure Texas Statutes
Title 13 - Regulation of Professionals
Subtitle D - Other Professionals
Chapter 4151 - Third-Party Administrators
Subchapter G. Disciplinary Actions; Penalties
Section 4151.301. Grounds for Denial, Suspension, or Revocation of Certificate of Authority
Section 4151.302. Remedies for Violation of Insurance Laws or Commissioner Rules
Section 4151.303. Probated Suspension
Section 4151.305. Application for Certificate of Authority After Denial or Revocation
Section 4151.307. Emergency Certificate Suspension