ISSUANCE OF CERTIFICATE PROHIBITED.
Tex. INS Code § 801.151.
in effectExcept as provided by Sections 801.153 and 801.154 , the department may not issue a certificate of authority to an applicant if a corporate officer or member of the board of directors of the applicant has been 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.
