Sec. 2053.010. PENALTIES

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If a workers' compensation insurance policy is issued and the commissioner subsequently disapproves the rate or filing on which the premium is based, the commissioner, after notice and the opportunity for a hearing, may:
(1) impose sanctions under Chapter 82;
(2) issue a cease and desist order under Chapter 83;
(3) impose administrative penalties under Chapter 84; or
(4) take any combination of these actions.

Added by Acts 2005, 79th Leg., Ch. 727 , Sec. 2, eff. April 1, 2007. Amended by: Acts 2007, 80th Leg., R.S., Ch. 730 , Sec. 3B.045(a), eff. September 1, 2007. Acts 2007, 80th Leg., R.S., Ch. 921 , Sec. 9.045(a), eff. September 1, 2007.

                    
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