(a) A suit brought under this title for recovery of penalties may be brought in any county in which:
(1) a violation of this title is committed;
(2) the company or receiver has an agent or representative; or
(3) the principal office of the company is located, or in which a receiver resides.
(b) Of money collected from a penalty in this title:
(1) half, less the commission and expenses allowed by law, shall be deposited in the state treasury; and
(2) the remainder shall be paid into the jury fund of the county in which the suit may be maintained.