Tex. Ins. Code § 4006.052

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.

Section 4006.052 - Restitution

(a) The department may order disability probation for an agent only if the agent makes full restitution during the probation period to all insureds and other persons harmed by the agent's:

(1) violation of this code or other laws regulating the business of insurance in this state; or

(2) failure to comply with other professional responsibilities.

(b) The department shall require the restitution described by Subsection (a) as a condition of the probation.

Tex. Ins. Code § 4006.052

Added by Acts 2003, 78th Leg., ch. 1274, Sec. 7, eff. 4/1/2005.