Texas Statutes

§ 2201.209 — PENALTIES.

Texas § 2201.209
JurisdictionTexas
Code INInsurance Code

This text of Texas § 2201.209 (PENALTIES.) is published on Counsel Stack Legal Research, covering Texas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Tex. Insurance Code Code Ann. § 2201.209 (2026).

Text

Sec. 2201.209. PENALTIES.

(a)A risk retention group that is authorized to engage in business in this state under Subchapter C or D and that violates this chapter is subject to all sanctions and penalties applicable to an insurer that holds a certificate of authority under Chapters 822 and 861 , including revocation of the authority to engage in business in this state.
(b)A risk retention group not chartered in this state that violates this chapter is also subject to any fine or penalty applicable to a foreign admitted insurer generally, including revocation of the authority to engage in business in this state.
(c)A risk retention group engaging in business in this state that is not authorized to engage in business under Subchapter C or D is considered an unauthorized insurer and is subj

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Legislative History

Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017 ), Sec. 2, eff. April 1, 2007.

Nearby Sections

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Bluebook (online)
Texas § 2201.209, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/IN/2201.209.