Tex. Insurance Code § 548.201
This is the official text of Tex. Insurance Code § 548.201, part of Texas’s Insurance Code — regulates insurance companies and the policies they sell.
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§ 548.201. OFFENSES; CRIMINAL PENALTY.
Official statutory text
(a) A person commits an offense if the person intentionally:
(1) violates this chapter or a rule adopted under this chapter; or
(2) makes or causes to be made a statement that is false or misleading with respect to a material fact in a document required to be filed by this chapter or a rule adopted under this chapter.
(b) Except as provided by Subsection (c), an offense under this section is punishable by:
(1) a fine not to exceed $10,000;
(2) imprisonment for not more than two years; or
(3) both the fine and imprisonment.
(c) A person may not be punished by imprisonment for violating a rule as prescribed by this section if the person proves that the person had no knowledge of the rule.
(1) violates this chapter or a rule adopted under this chapter; or
(2) makes or causes to be made a statement that is false or misleading with respect to a material fact in a document required to be filed by this chapter or a rule adopted under this chapter.
(b) Except as provided by Subsection (c), an offense under this section is punishable by:
(1) a fine not to exceed $10,000;
(2) imprisonment for not more than two years; or
(3) both the fine and imprisonment.
(c) A person may not be punished by imprisonment for violating a rule as prescribed by this section if the person proves that the person had no knowledge of the rule.
Status: in_force · Read it on the official government site
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