Tex. Insurance Code § 548.202: CIVIL PENALTY.
Where this section sits in the code
- INSURANCE CODE
- TITLE 5. PROTECTION OF CONSUMER INTERESTS
- SUBTITLE C. DECEPTIVE, UNFAIR, AND PROHIBITED PRACTICES
- CHAPTER 548. INSURER INSIDER TRADING AND PROXY REGULATION
- 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