The failure to comply with the provisions of these sections and the Insurance Code, Article 5.43-3, by certificate holders or licensees may subject them to administrative action including, but not limited to, suspension, revocation, or refusal to issue or renew a license or certificate of registration.

Source Note:The provisions of this §34.722 adopted to be effective December 14, 1994, 19 TexReg 9526; transferred effective September 1, 1997, as published in the Texas Register November 14, 1997, 22 TexReg 11091.