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Tex. Ins. Code § 883.704

UNAUTHORIZED MUTUAL FIRE INSURANCE

Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff

(a) A person commits an offense if the person engages in the business of mutual fire insurance in this state in violation of the laws regulating mutual fire insurance.

(b) An offense under this section is a misdemeanor punishable by a fine of not less than $50 or more than $500.

Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.