Section 1454.103 - Administrative Penalties Authorized(a) In addition to any sanctions authorized by this subchapter, the commissioner may impose an administrative penalty in accordance with Chapter 84 on a health benefit plan issuer that violates this chapter.(b) On a finding that a health benefit plan issuer knowingly violated this chapter, the commissioner may impose in addition to the administrative penalty authorized by Section 84.022 an administrative penalty that does not exceed $25,000.Tex. Ins. Code § 1454.103
Added by Acts 2003, 78th Leg., ch. 1274, Sec. 3, eff. 4/1/2005.