Sec. 887.704. VIOLATION OF COMMISSIONER ORDER; CRIMINAL PENALTY. (a) A director, officer, agent, employee, attorney at law, or attorney in fact of an association commits an offense if the person wilfully fails to comply with a lawful order of the commissioner.
(b) An offense under this section is punishable by:
(1) a fine not to exceed $500;
(2) confinement in jail for a term not to exceed six months; or
(3) both the fine and confinement.
Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.
Structure Texas Statutes
Title 6 - Organization of Insurers and Related Entities
Subtitle E - Mutual and Fraternal Companies and Related Entities
Chapter 887 - Provisions Applicable to Certain Mutual Assessment Companies
Section 887.701. Unlawful Conversion; Criminal Penalty
Section 887.702. Diversion of Special Funds; Criminal Penalty
Section 887.703. Appropriation of Money; Criminal Penalty
Section 887.704. Violation of Commissioner Order; Criminal Penalty