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Texas Insurance Code

§ 883.704 — UNAUTHORIZED MUTUAL FIRE INSURANCE

IN § 883.704Title 6. ORGANIZATION OF INSURERS AND RELATED ENTITIES · Part E. MUTUAL AND FRATERNAL COMPANIES AND RELATED ENTITIES · Ch. 883. MUTUAL INSURANCE COMPANIES OTHER THAN MUTUAL LIFE INSURANCE COMPANIES · Art. O. CRIMINAL PENALTIES

Statute text

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(a)A person commits an offense if the person engages in the business of mutual fire insurance in this state in violation of the laws regulating mutual fire insurance.
(b)An offense under this section is a misdemeanor punishable by a fine of not less than $50 or more than $500.

Legislative history

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