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Tex. Insurance Code § 543.051

This is the official text of Tex. Insurance Code § 543.051, part of Texas’s Insurance Code — regulates insurance companies and the policies they sell.

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§ 543.051. SUSPENSION OR REVOCATION OF CERTIFICATE, CHARTER, PERMIT, OR LICENSE.

Official statutory text

(a) On a hearing, the commissioner may suspend or revoke the certificate, charter, permit, or license to engage in the business of insurance of A society, association, corporation, or person that violates Subchapter A.

(b) The commissioner must give 10 days' notice of the hearing by certified mail to the society, association, corporation, or person.

Status: in_force · Read it on the official government site

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