Sec. 801.152. REVOCATION OF CERTIFICATE. 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. Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.
Revocation of Certificate
Tex. Insurance Code § 801.152, under Chapter 801.
Tex. Insurance Code § 801.152