1115.102 – SANCTIONS. (a) The commissioner may impose
Texas Insurance Code § 1115.102
Summary
This law allows the commissioner to impose sanctions for violations related to insurance practices. It also provides conditions under which sanctions may be reduced or eliminated if corrective actions are taken promptly or if the violation is not part of a pattern of misconduct.
Commissioner can impose sanctions for insurance violations.
Sanctions may be reduced if corrective actions are taken.
No sanctions if violation isn't part of a pattern.
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In simple terms: Learn about Texas's SANCTIONS. (a) The commissioner may impose law, including definitions, penalties, and legal implications.. This means people must follow this rule, and breaking it can lead to criminal penalties.
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