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Home > Title 28 > Part 1 > Chapter 21 >Subchapter N > Rule 21.2212
TITLE 28 - INSURANCE
PART 1 - TEXAS DEPARTMENT OF INSURANCE
CHAPTER 21 - TRADE PRACTICES
SUBCHAPTER N - LIFE INSURANCE ILLUSTRATIONS
SECTION/RULE §21.2212 - Penalties
Chapter Review Date 06/08/2021

Any violation of this subchapter constitutes a misrepresentation of the terms of an issued and unissued policy in violation of Insurance Code Chapter 541, Subchapter B, and to be a misrepresentation of the terms, benefits, and advantages of a policy within the meaning of Insurance Code §543.001. Violations of this subchapter subject the insurer and agent to the penalties provided in Insurance Code Chapter 541 and other applicable provisions of the Insurance Code.

Source Note: The provisions of this §21.2212 adopted to be effective September 29, 1998, 23 TexReg 9753; amended to be effective November 7, 2021, 46 TexReg 7408.

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