Sec. 4153.151. GROUNDS FOR DISCIPLINARY ACTION. The department may discipline a license holder or deny an applicant a license under Subchapter C, Chapter 4005: (1) for any cause for which, if known by the department, issuance of the license could have been refused; or (2) if the license holder or applicant: (A) wilfully or knowingly violates this chapter, an insurance law of this state, or a department rule; (B) obtains or attempts to obtain a license through wilful misrepresentation or fraud; (C) fails the examination required by this chapter; or (D) is convicted on final judgment of a felony. Added by Acts 2003, 78th Leg., ch. 1274, Sec. 7, eff. April 1, 2005.