Tex. Ins. Code § 2053.010

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.

Section 2053.010 - Penalties

If a workers' compensation insurance policy is issued and the commissioner subsequently disapproves the rate or filing on which the premium is based, the commissioner, after notice and the opportunity for a hearing, may:

(1) impose sanctions under Chapter 82;

(2) issue a cease and desist order under Chapter 83;

(3) impose administrative penalties under Chapter 84; or

(4) take any combination of these actions.

Tex. Ins. Code § 2053.010

Amended By Acts 2007, 80th Leg., R.S., Ch. 730, Sec. 3B.045(a), eff. 9/1/2007.

Amended By Acts 2007, 80th Leg., R.S., Ch. 921, Sec. 9.045(a), eff. 9/1/2007.

Added by Acts 2005, 79th Leg., Ch. 727, Sec. 2, eff. 4/1/2007.