Texas Insurance Code
§ 557.052 — CIVIL PENALTY
IN § 557.052Title 5. PROTECTION OF CONSUMER INTERESTS · Part C. DECEPTIVE, UNFAIR, AND PROHIBITED PRACTICES · Ch. 557. INSURED PROPERTY SUBJECT TO SECURITY INTEREST · Art. B. LIENHOLDER APPROVAL OF INSURANCE CLAIM PAYMENT RELATING TO PERSONAL PROPERTY
Statute text
View on source(a)A lienholder who violates Section 557.051 is liable for a civil penalty not to exceed $500 for each violation.
(b)The attorney general may bring an action to collect a civil penalty under this section.
Legislative history
Added by Acts 2003, 78th Leg., ch. 1274, Sec. 2, eff. April 1, 2005.