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Current as of January 01, 2024 | Updated by Findlaw Staff
(a) If the commissioner considers it necessary, the commissioner may initiate an examination of an insurer under Sections 401.051, 401.052, and 401.054-401.062.
(b) If the commissioner believes that an insurer is violating or has violated this chapter, the commissioner may:
(1) impose a sanction under Chapter 82;
(2) issue a cease and desist order under Chapter 83;
(3) assess an administrative penalty under Chapter 84; or
(4) refer the matter to the attorney general for appropriate enforcement.
Cite this article: FindLaw.com - Texas Insurance Code - INS § 553.004. Examination; Enforcement - last updated January 01, 2024 | https://codes.findlaw.com/tx/insurance-code/ins-sect-553-004/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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