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Texas Insurance Code

§ 881.701 — GENERAL CRIMINAL PENALTY

IN § 881.701Title 6. ORGANIZATION OF INSURERS AND RELATED ENTITIES · Part E. MUTUAL AND FRATERNAL COMPANIES AND RELATED ENTITIES · Ch. 881. STATEWIDE MUTUAL ASSESSMENT COMPANIES · Art. O. ENFORCEMENT; CRIMINAL PENALTY

Statute text

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(a)A person commits an offense if:
(1)the person violates this chapter; or
(2)the person:
(A)is a corporation or a responsible officer of a corporation; and
(B)permits or participates in a violation of this chapter by a corporation.
(b)An offense under this section is a misdemeanor punishable by a fine not to exceed $500.

Legislative history

Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.