Texas § IN.2201.209 - PENALTIES
Full text of Texas The Texas Constitution § IN.2201.209 — PENALTIES, with citation guidance and answers to common questions.
§ IN.2201.209. PENALTIES
PENALTIES. (a) A risk retention group that is authorized to engage in business in this state under Subchapter C or D and that violates this chapter is subject to all sanctions and penalties applicable to an insurer that holds a certificate of authority under Chapters 822 and 861 , including revocation of the authority to engage in business in this state. (b) A risk retention group not chartered in this state that violates this chapter is also subject to any fine or penalty applicable to a foreign admitted insurer generally, including revocation of the authority to engage in business in this state. (c) A risk retention group engaging in business in this state that is not authorized to engage in business under Subchapter C or D is considered an unauthorized insurer and is subject to Section 823.457 , Subchapters A-P, Chapter 442, and Chapters 101 , 441 , 804 , and 801 , other than Section 801.056 . Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017 ), Sec. 2, eff. April 1, 2007. SUBCHAPTER F. PURCHASING GROUPS
Frequently Asked Questions About Texas § IN.2201.209
What does The Texas Constitution § IN.2201.209 cover?
Section IN.2201.209 ("PENALTIES") is part of the The Texas Constitution, the codified statutory law of Texas. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Texas § IN.2201.209?
A common citation format is "The Texas Constitution § IN.2201.209" (Texas). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Texas law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Texas official source linked on this page or consult a licensed Texas attorney.
How does Texas § IN.2201.209 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Texas can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Texas.