Texas Statutes (Last Updated: January 4, 2014) |
INSURANCE CODE |
Title 13. REGULATION OF PROFESSIONALS |
Subtitle C. ADJUSTERS |
Chapter 4102. PUBLIC INSURANCE ADJUSTERS |
Subchapter E. ENFORCEMENT |
Sec. 4102.204. ADMINISTRATIVE PENALTY
Latest version.
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The commissioner, in lieu of suspending or revoking a license for a violation of this chapter or a rule adopted under this chapter, may impose on a license holder an administrative penalty in an amount not to exceed $2,000 per violation if the commissioner determines that that action better serves the purposes of this chapter.
Added by Acts 2005, 79th Leg., Ch. 728 , Sec. 11.082(a), eff. September 1, 2005.