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Texas Insurance Code

§ 541.352 — EFFECT OF ASSURANCE

IN § 541.352Title 5. PROTECTION OF CONSUMER INTERESTS · Part C. DECEPTIVE, UNFAIR, AND PROHIBITED PRACTICES · Ch. 541. UNFAIR METHODS OF COMPETITION AND UNFAIR OR DECEPTIVE ACTS OR PRACTICES · Art. H. ASSURANCE OF VOLUNTARY COMPLIANCE

Statute text

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(a)An assurance of voluntary compliance is not an admission of a prior violation of:
(1)this chapter or a rule adopted under this chapter; or
(2)Section 17.46, Business & Commerce Code.
(b)Unless an assurance of voluntary compliance is rescinded by agreement, a subsequent failure to comply with the assurance is prima facie evidence of a violation of:
(1)this chapter or a rule adopted under this chapter; or
(2)Section 17.46, Business & Commerce Code.

Legislative history

Added by Acts 2003, 78th Leg., ch. 1274, Sec. 2, eff. April 1, 2005.