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Texas · Through 89th 2nd Called Legislative Session, 2025

Tex. Insurance Code § 548.202: CIVIL PENALTY.

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Where this section sits in the code
  1. INSURANCE CODE
  2. TITLE 5. PROTECTION OF CONSUMER INTERESTS
  3. SUBTITLE C. DECEPTIVE, UNFAIR, AND PROHIBITED PRACTICES
  4. CHAPTER 548. INSURER INSIDER TRADING AND PROXY REGULATION
  5. SUBCHAPTER C. ENFORCEMENT

(a) A person who wilfully violates this chapter or a rule adopted under this chapter is liable for a civil penalty of not less than $100 or more than $1,000 for:

(1) each act of violation; and

(2) each day of violation.

(b) The attorney general, at the request of the commissioner, shall bring a suit in the name of the state to recover the civil penalty. The suit must be brought:

(1) in Travis County or the county in which the person resides;

(2) if more than one person commits the violation, in the county in which any of the persons resides; or

(3) in the county in which the violation allegedly occurred.

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

Collected 2026-08-27T01:47:21Z. Source file · JSON

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