Sec. 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. Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.
Issuance of Certificate Prohibited
Tex. Insurance Code § 801.151, under Certificate of Authority.
Tex. Insurance Code § 801.151