Tex. Ins. Code § 651.204 · Subchapter E. DISCIPLINARY PROCEDURES AND PENALTIES; OFFENSES
REVOCATION OR SUSPENSION OF LICENSE.
Text — Current through the 89th 2nd Called Legislative Session, 2025
After notice and hearing, the department may revoke or suspend a license if:
(1) the department finds:
(A) that the license holder has violated this chapter or a rule adopted by the commissioner under this chapter; or
(B) the existence of a fact or condition that, if the fact or condition existed at the time of the original application for the license, clearly would have warranted the refusal of the license; or
(2) the department learns from any source that the license holder has failed to return all amounts due from an insurance premium finance company to the person whose insurance policy has been canceled as required by Section 651.162.
Notes and commentary — not statutory text
History
Added by Acts 2003, 78th Leg., ch. 1274, Sec. 2, eff. April 1, 2005.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/IN/htm/IN.651.htm
- Text hash
- sha256 8a9dccc336b957647ec20fc162cdb4f529bf48b6535519b72a663ca422b368da
- 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
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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.