1. (a) A person commits an offense if the person:

   1. (1) intentionally, knowingly, recklessly, or negligently engages in the operation of an insurance premium finance company and does not hold a license issued under this chapter;
   2. (2) intentionally, knowingly, recklessly, or negligently violates this chapter;
   3. (3) intentionally or knowingly omits to state a material fact necessary to give the commissioner or the department information lawfully required of the person; or
   4. (4) refuses to permit an investigation or examination authorized under this chapter.
2. (b) An offense under this section is a Class B misdemeanor.

Added by Acts 2003, 78th Leg., ch. 1274, Sec. 2, eff. April 1, 2005.