{"data":{"id":"us-tx/tex.-insurance-code-2202.201","jurisdiction":"us-tx","citation":"Tex. Insurance Code § 2202.201","heading":"GROUNDS FOR DENIAL OF CERTIFICATE OF AUTHORITY OR FOR DISCIPLINARY ACTION.","body":"The commissioner may deny an application for a certificate of authority or discipline a certificate holder under this subchapter if the commissioner finds that the applicant or certificate holder, or an officer or director of an applicant or certificate holder:\n(1) wilfully violated or participated in the violation of this chapter or any other insurance law of this state;\n(2) intentionally made a material misstatement in the original or renewal application;\n(3) obtained or attempted to obtain the certificate by fraud or misrepresentation;\n(4) misappropriated, converted to a personal or other inappropriate use, or illegally withheld money required to be held in a fiduciary capacity;\n(5) has been convicted of a felony or convicted of a misdemeanor of which criminal fraud is an essential element; or\n(6) is incompetent or untrustworthy.\nAdded by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 2, eff. April 1, 2007.","path":["INSURANCE CODE","TITLE 10. PROPERTY AND CASUALTY INSURANCE","SUBTITLE G. POOLS, GROUPS, PLANS, AND SELF-INSURANCE","CHAPTER 2202. JOINT UNDERWRITING","SUBCHAPTER E. DISCIPLINARY ACTIONS AND PROCEDURES; ENFORCEMENT"],"source_url":"https://statutes.capitol.texas.gov/Docs/IN/htm/IN.2202.htm#2202.201","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:21Z","sha256":"56ac1dc18f55063bc5d8972d0758b8b5c9b535093c97ac7527fde98b8f5bca2a","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-insurance-code-2202.152","next":"us-tx/tex.-insurance-code-2202.202"},"notice":"GroundRules: Original legal text. Not legal advice."}