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Tex. Ins. Code § 801.151

ISSUANCE OF CERTIFICATE PROHIBITED

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

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.

Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.