In order to monitor the appropriateness and effectiveness of the exemption provisions, the department will conduct periodic random and targeted audits of forms filed under these sections. Any compliance deficiencies identified during the audit process will be communicated to the insurer with a request for corrective action. Any failure to acknowledge a request and provide a plan for corrective action will be subject to the provisions of §3.4009 of this title (related to Sanctions).

Source Note:The provisions of this §3.4008 adopted to be effective April 14, 1983, 8 TexReg 1067; amended to be effective March 12, 1996, 21 TexReg 1673.