An emergency cease and desist order will contain the following:
(1) the name and last known address of the affected person;
(2) a short and plain statement of the alleged conduct that supports issuing the order under Insurance Code §83.051;
(3) a requirement that the affected person immediately cease and desist from the described conduct, acts, methods, or practices;
(4) a statement of the rights of the affected person to request a hearing to contest the order. This statement will include:
(5) a statement of the penalties that may be assessed against the affected person if the affected person violates the order.
Source Note: The provisions of this §1.903 adopted to be effective April 17, 1990, 15 TexReg 1895; amended to be effective August 11, 2022, 47 TexReg 4679