Tex. Ins. Code § 2202.201 · Subchapter E. DISCIPLINARY ACTIONS AND PROCEDURES; ENFORCEMENT
GROUNDS FOR DENIAL OF CERTIFICATE OF AUTHORITY OR FOR DISCIPLINARY ACTION.
Text — Current through the 89th 2nd Called Legislative Session, 2025
The commissioner may deny an application for a certificate of authority or discipline a certificate holder under this subchapter if the commissioner finds that the applicant or certificate holder, or an officer or director of an applicant or certificate holder:
(1) wilfully violated or participated in the violation of this chapter or any other insurance law of this state;
(2) intentionally made a material misstatement in the original or renewal application;
(3) obtained or attempted to obtain the certificate by fraud or misrepresentation;
(4) misappropriated, converted to a personal or other inappropriate use, or illegally withheld money required to be held in a fiduciary capacity;
(5) has been convicted of a felony or convicted of a misdemeanor of which criminal fraud is an essential element; or
(6) is incompetent or untrustworthy.
Notes and commentary — not statutory text
History
Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 2, eff. April 1, 2007.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/IN/htm/IN.2202.htm
- Text hash
- sha256 49830bc95c2b5a7362cfbfde9c6e380aa05b4a2f1b915095ef242e212a713d23
- Composed by
- compose_tx.py 2026-10-05: the Legislative Council's chapter files read in document order; verify_tx.py's independent reading (lxml DOM walk) agrees character for character
Cited by 1 provision
Provisions in this library whose text cites Tex. Ins. Code § 2202.201. Each shows the citation as that text prints it.
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.