Tex. Ins. Code § 4151.305 · Subchapter G. DISCIPLINARY ACTIONS; PENALTIES
APPLICATION FOR CERTIFICATE OF AUTHORITY AFTER DENIAL OR REVOCATION.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) A person, or officer, director, or shareholder of a person, whose application has been denied or whose certificate of authority has been revoked under this subchapter may not apply for a certificate of authority before the fifth anniversary of:
(1) the effective date of the denial or revocation; or
(2) the date of a final court order affirming the denial or revocation if judicial review was sought.
(b) An application filed after the period required by Subsection (a) may be denied by the commissioner if the applicant fails to show good cause why the denial or revocation should not be a bar to the issuance of a new certificate.
(c) Subsection (b) does not apply to an applicant whose application was denied for failure by the applicant to submit a properly completed application for a certificate of authority.
Notes and commentary — not statutory text
History
Added by Acts 2007, 80th Leg., R.S., Ch. 1176 (H.B. 472), Sec. 1.21, eff. September 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.4151.htm
- Text hash
- sha256 a9e34f17432a62defc8cedc9eb7f25c1ef80dff55f744c859916a897d454f1fa
- 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
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.