Texas Insurance Code

§ 82.053 — RESTITUTION

IN § 82.053Title 2. TEXAS DEPARTMENT OF INSURANCE · Part B. DISCIPLINE AND ENFORCEMENT · Ch. 82. SANCTIONS · Art. B. IMPOSITION OF SANCTIONS

Statute text

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(a)The commissioner may direct the holder of an authorization to make complete restitution to each Texas resident, each Texas insured, and each entity operating in this state that is harmed by a violation of, or failure to comply with, this code or a rule of the commissioner.

(b)The holder of the authorization shall make the restitution in the form and amount and within the period determined by the commissioner.

Legislative history

Added by Acts 1999, 76th Leg., ch. 101, Sec. 1, eff. Sept. 1, 1999.