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Texas Insurance Code

§ 541.402 — PETITION

IN § 541.402Title 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. I. RULEMAKING

Statute text

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(a)A petition may be submitted to the commissioner to adopt, amend, or repeal a rule. The petition must be:
(1)signed by 100 interested persons; and
(2)supported by evidence that:
(A)a particular act or practice has been or could be false, misleading, or deceptive to the insurance buying public; or
(B)an act or practice defined by department rule to be false, misleading, or deceptive is not false, misleading, or deceptive.
(b)Not later than the 30th day after the date the department receives the petition, the department shall:

Legislative history

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