Texas Statutes (Last Updated: January 4, 2014) |
INSURANCE CODE |
Title 5. PROTECTION OF CONSUMER INTERESTS |
Subtitle C. DECEPTIVE, UNFAIR, AND PROHIBITED PRACTICES |
Chapter 541. UNFAIR METHODS OF COMPETITION AND UNFAIR OR DECEPTIVE ACTS OR PRACTICES |
Subchapter H. ASSURANCE OF VOLUNTARY COMPLIANCE |
Sec. 541.352. EFFECT OF ASSURANCE
Latest version.
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(a) An assurance of voluntary compliance is not an admission of a prior violation of:
(1) this chapter or a rule adopted under this chapter; or
(2) Section 17.46, Business & Commerce Code.
(b) Unless an assurance of voluntary compliance is rescinded by agreement, a subsequent failure to comply with the assurance is prima facie evidence of a violation of:
(1) this chapter or a rule adopted under this chapter; or
(2) Section 17.46, Business & Commerce Code.
Added by Acts 2003, 78th Leg., ch. 1274, Sec. 2, eff. April 1, 2005.