Tex. Ins. Code Section 4005.109
Fines

(a)

To expedite the department’s processing of certain violations of this code, the commissioner by rule may establish fines for certain violations.

(b)

A violation for which a fine may be assessed under this section includes a failure to:

(1)

obtain the total number of continuing education hours before the expiration date of a license;

(2)

timely report a change of address to the department; or

(3)

notify the department of an administrative action against the agent by a financial or insurance regulator of another state or of the federal government.

(c)

This section does not limit the department’s authority to take any other disciplinary action against a license holder as otherwise provided by this code.

(d)

The dispute of an assessment of a fine under this section is a contested case subject to Chapter 2001 (Administrative Procedure), Government Code.
Added by Acts 2003, 78th Leg., ch. 1274, Sec. 7, eff. April 1, 2005.
Amended by:
Acts 2015, 84th Leg., R.S., Ch. 1172 (S.B. 876), Sec. 12, eff. September 1, 2015.

Source: Section 4005.109 — Fines, https://statutes.­capitol.­texas.­gov/Docs/IN/htm/IN.­4005.­htm#4005.­109 (accessed May 18, 2024).

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Accessed:
May 18, 2024

§ 4005.109’s source at texas​.gov