28 Tex. Admin. Code § 3.4105 - Disciplinary Measures
The Texas Department of Insurance may at any time revoke the exemption specified in this subchapter on the grounds that a company:
(1) has not complied with
this subchapter ; or
(2) by failing
to abide by other applicable law is found to be unworthy of the exemption. The
department may, after hearing, revoke that company's right to future exemptions
under this subchapter and may also administer any sanction provided by
law.
Notes
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