REVOCATION OF CERTIFICATE.

Tex. INS Code § 801.152.
in effect
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After notice and hearing, the department may revoke the certificate of authority of an insurer if a corporate officer or member of the board of directors of the insurer is convicted of a felony involving: (1) moral turpitude; or (2) breach of a fiduciary duty. Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.
Source: TX Statutes (Official Site)URL: https://statutes.capitol.texas.gov/Fetched: 6/29/2026

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