Tex. Insurance Code § 801.152

This is the official text of Tex. Insurance Code § 801.152, part of Texas’s Insurance Code — regulates insurance companies and the policies they sell.

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§ 801.152. REVOCATION OF CERTIFICATE.

Official statutory text

After notice and hearing, the department may revoke the certificate of authority of an insurer if a corporate officer or member of the board of directors of the insurer is convicted of a felony involving:

(1) moral turpitude; or

(2) breach of a fiduciary duty.

Status: in_force · Read it on the official government site

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