Texas Insurance Code

§ 81.001 — LIMITATIONS PERIOD FOR CERTAIN DISCIPLINARY ACTIONS

IN § 81.001Title 2. TEXAS DEPARTMENT OF INSURANCE · Part B. DISCIPLINE AND ENFORCEMENT · Ch. 81. GENERAL PROVISIONS REGARDING DISCIPLINE AND ENFORCEMENT

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(a)Except as provided by Subsection (b), the department or commissioner may not begin an action to impose a sanction, penalty, or fine, including an administrative penalty, against an insurer, agent, or other license holder who is subject to the jurisdiction of the department for conduct that is a violation of this code or another insurance law of this state after the earlier of:

(1)the fifth anniversary of the date on which the conduct that is a violation occurred; or

(2)the second anniversary of the earlier of:

(A)the date on which the conduct that is a violation is first discovered by the department; or

(B)the date on which the conduct that is a violation is made known to the department.

(b)The department or commissioner may not begin an action to impose a sanction, penalty, or fine, including an administrative penalty, against an insurer, agent, or other license holder who is subject to the jurisdiction of the department for conduct that is a violation of this code or another insurance law of this state and that involves fraud by the insurer, agent, or license holder after the fifth anniversary of the earlier of:

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Legislative history

Acts 2005, 79th Leg., Ch. 265 (H.B. 7), Sec. 6.058, eff. September 1, 2005. Acts 2025, 89th Leg., R.S., Ch. 581 (H.B. 2221), Sec. 3, eff. September 1, 2025.