Tex. Ins. Code § 801.151

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 801.151 - Issuance of Certificate Prohibited

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.

Tex. Ins. Code § 801.151

Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. 6/1/2003.