Tex. Insurance Code § 82.055
INFORMAL DISPOSITION
Texas · Texas Insurance Code · Status: effective
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- Citation
- Tex. Insurance Code § 82.055, INFORMAL DISPOSITION, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/676901
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Full text
(a) The commissioner may informally dispose of a matter under this subchapter by consent order, agreed settlement, stipulation, or default.
(b) An informal disposition may include a provision under which the holder of the authorization agrees to a sanction under this subchapter with the express reservation that:
(1) the holder does not admit a violation of this code or of a rule; and
(2) the existence of a violation is in dispute.