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

Tex. Insurance Code § 827.007: PENALTIES.

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Where this section sits in the code
  1. INSURANCE CODE
  2. TITLE 6. ORGANIZATION OF INSURERS AND RELATED ENTITIES
  3. SUBTITLE B. ORGANIZATION OF REGULATED ENTITIES
  4. CHAPTER 827. WITHDRAWAL AND RESTRICTION PLANS

The commissioner may impose the civil penalties under Chapter 82 on an insurer that fails to obtain the commissioner's approval before the insurer:

(1) withdraws from writing a line of insurance in this state; or

(2) reduces the insurer's total annual premium volume by 75 percent or more in any year.

Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.

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

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