Texas Insurance Code
§ 651.208 — OFFENSE
IN § 651.208Title 5. PROTECTION OF CONSUMER INTERESTS · Part E. PREMIUM FINANCING · Ch. 651. FINANCING OF INSURANCE PREMIUMS · Art. E. DISCIPLINARY PROCEDURES AND PENALTIES; OFFENSES
Statute text
View on source(a)A person commits an offense if the person:
(1)intentionally, knowingly, recklessly, or negligently engages in the operation of an insurance premium finance company and does not hold a license issued under this chapter;
(2)intentionally, knowingly, recklessly, or negligently violates this chapter;
(3)intentionally or knowingly omits to state a material fact necessary to give the commissioner or the department information lawfully required of the person; or
(4)refuses to permit an investigation or examination authorized under this chapter.
(b)An offense under this section is a Class B misdemeanor.
Legislative history
Added by Acts 2003, 78th Leg., ch. 1274, Sec. 2, eff. April 1, 2005.