Sec. 651.208. OFFENSE  


Latest version.
  • (a) A person commits an offense if the person:

    (1) intentionally, knowingly, recklessly, or negligently engages in the operation of an insurance premium finance company and does not hold a license issued under this chapter;

    (2) intentionally, knowingly, recklessly, or negligently violates this chapter;

    (3) intentionally or knowingly omits to state a material fact necessary to give the commissioner or the department information lawfully required of the person; or

    (4) refuses to permit an investigation or examination authorized under this chapter.

    (b) An offense under this section is a Class B misdemeanor.

Added by Acts 2003, 78th Leg., ch. 1274, Sec. 2, eff. April 1, 2005.