Tex. Lab. Code § 407A.404 · Subchapter I. DISCIPLINARY ACTIONS; PENALTIES
REVOCATION OF CERTIFICATE OF APPROVAL.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) After notice and an opportunity for a hearing, the commissioner may revoke a group's certificate of approval if the group:
(1) is found to be insolvent;
(2) fails to pay a tax, assessment, or special fund contribution imposed on the group; or
(3) fails to comply in a timely manner with this chapter, a rule adopted under this chapter, or an order of the commissioner.
(b) In addition, the commissioner may revoke a group's certificate of approval if, after notice and an opportunity for hearing, the commissioner determines that:
(1) a certificate of approval issued to the group was obtained by fraud;
(2) there was a material misrepresentation in the application for the certificate of approval; or
(3) the group or its administrator has misappropriated, converted, illegally withheld, or refused to pay on proper demand any money that belongs to a member, an employee of a member, or a person otherwise entitled to the money and that has been entrusted to the group or its administrator in their fiduciary capacities.
Notes and commentary — not statutory text
History
Added by Acts 2003, 78th Leg., ch. 275, Sec. 1, eff. Sept. 1, 2003.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/LA/htm/LA.407A.htm
- Text hash
- sha256 6dc0d1353ce6c5e2093a78b7299f75b8788116bfad647ce4b8644ea2ad74573d
- 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.