Tex. Ins. Code § 1201.701

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 1201.701 - Civil Penalty

A person, partnership, or corporation that wilfully violates this chapter or an order of the commissioner made under this chapter is liable to the state for a civil penalty in an amount not to exceed $5,000 for each violation. The penalty may be recovered through a civil action.

Tex. Ins. Code § 1201.701

Added by Acts 2003, 78th Leg., ch. 1274, Sec. 3, eff. 4/1/2005.