PENALTIES.
Tex. INS Code § 2053.010.
in effectIf a workers' compensation insurance policy is issued and the commissioner subsequently disapproves the rate or filing on which the premium is based, the commissioner, after notice and the opportunity for a hearing, may:
(1) impose sanctions under Chapter 82 ;
(2) issue a cease and desist order under Chapter 83 ;
(3) impose administrative penalties under Chapter 84 ; or
(4) take any combination of these actions.
Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017 ), Sec. 2, eff. April 1, 2007.