 |
Texas Statutes (Last Updated: January 4, 2014) |
 |
OCCUPATIONS CODE |
|
Title 5. REGULATION OF FINANCIAL AND LEGAL SERVICES |
|
Subtitle B. LEGAL SERVICES |
|
Chapter 953. REGULATION OF FOR-PROFIT LEGAL SERVICE CONTRACT COMPANIES |
|
Subchapter C. FINANCIAL SECURITY REQUIREMENTS FOR LEGAL SERVICE CONTRACT COMPANIES |
Sec. 953.104. SUIT ON FINANCIAL SECURITY
-
(a) The state, on behalf of a legal service contract holder injured because of a company's violation of this chapter, may bring a suit for payment from the company's financial security deposit held by the executive director.
(b) The state is the only party that may bring suit for payment from a company's financial security deposit held by the executive director. This chapter does not create a private right of action.
(c) The state may only seek damages for the cost of the legal services the company failed to provide to a legal service contract holder under the terms of the legal service contract.
(d) The court shall determine the amount the executive director shall pay the consumer from the company's financial security deposit held by the executive director.