Section 1467.102 - Penalties(a) Bad faith participation or otherwise failing to comply with Subchapter B-1 is grounds for imposition of an administrative penalty by the regulatory agency that issued a license or certificate of authority to the party who committed the violation.(b) Except for good cause shown, on a report of a mediator and appropriate proof of bad faith participation under Subchapter B, the regulatory agency that issued the license or certificate of authority shall impose an administrative penalty.Tex. Ins. Code § 1467.102
Amended by Acts 2019, Texas Acts of the 86th Leg.- Regular Session, ch. 1342,Sec. 2.16, eff. 9/1/2019.Added by Acts 2009, 81st Leg., R.S., Ch. 1290, Sec. 1, eff. 6/19/2009.