{"data":{"id":"us-tx/tex.-insurance-code-541.351","jurisdiction":"us-tx","citation":"Tex. Insurance Code § 541.351","heading":"ACCEPTANCE OF ASSURANCE.","body":"(a) In administering this chapter, the department may accept assurance of voluntary compliance from a person who is engaging in, has engaged in, or is about to engage in an act or practice in violation of:\n(1) this chapter or a rule adopted under this chapter; or\n(2) Section 17.46, Business \u0026 Commerce Code.\n(b) The assurance must be in writing and be filed with the department.\n(c) The department may condition acceptance of an assurance of voluntary compliance on the stipulation that the person offering the assurance restore to a person in interest money that may have been acquired by the act or practice described in Subsection (a).\nAdded by Acts 2003, 78th Leg., ch. 1274, Sec. 2, eff. April 1, 2005.","path":["INSURANCE CODE","TITLE 5. PROTECTION OF CONSUMER INTERESTS","SUBTITLE C. DECEPTIVE, UNFAIR, AND PROHIBITED PRACTICES","CHAPTER 541. UNFAIR METHODS OF COMPETITION AND UNFAIR OR DECEPTIVE ACTS OR PRACTICES","SUBCHAPTER H. ASSURANCE OF VOLUNTARY COMPLIANCE"],"source_url":"https://statutes.capitol.texas.gov/Docs/IN/htm/IN.541.htm#541.351","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:21Z","sha256":"64efe4dcf311512c01f11d15a77dd12a17009eb134e5a835fb5b74274d34c739","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-insurance-code-541.304","next":"us-tx/tex.-insurance-code-541.352"},"notice":"GroundRules: Original legal text. Not legal advice."}