§ 4102.208 — EMERGENCY CEASE AND DESIST ORDER.

Texas § 4102.208

• Jurisdiction: Texas
• Code IN: Insurance Code

Text

Sec. 4102.208. EMERGENCY CEASE AND DESIST ORDER. (a) If the commissioner believes that a person is engaging in acts or practices in violation of Section 4102.051 , the commissioner ex parte may issue an emergency cease and desist order, in accordance with Subchapter B , Chapter 83 , requiring the person to immediately cease and desist from engaging further in the acts or practices.
(b) In addition to any other remedy available under this code, if the commissioner believes that a person is committing a violation by failing to maintain the financial responsibility requirements of Section 4102.105 , the commissioner ex parte may issue an emergency cease and desist order and suspend the person's license, in accordance with Subchapter B , Chapter 83 , requiring the person to immediately cease and desist from engaging in the activities of a public insurance adjuster.
(c) A license suspended under Subsection (b) may be reinstated on the approval of an application for reinstatement filed with the commissioner, in the form prescribed by the commissioner, with proof that the financial responsibility requirements of Section 4102.105 have been met. The commissioner may deny the application for reinstatement:
(1) for any reason that would justify a refusal to issue, or a suspension or revocation of, a license; or
(2) for the performance by the applicant of any practice for which a license under this chapter is required while the applicant is under suspension for failure to keep the financial responsibility requirements in force.

Legislative History

Added by Acts 2005, 79th Leg., Ch. 728 (H.B. 2018 ), Sec. 11.082(a), eff. September 1, 2005.