Tex. Insurance Code § 801.151
ISSUANCE OF CERTIFICATE PROHIBITED
Texas · Texas Insurance Code · Status: effective
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- Citation
- Tex. Insurance Code § 801.151, ISSUANCE OF CERTIFICATE PROHIBITED, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/678903
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Full text
Except 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.