{"data":{"id":"us-tx/tex.-insurance-code-912.751","jurisdiction":"us-tx","citation":"Tex. Insurance Code § 912.751","heading":"OFFICER OR DIRECTOR UNWORTHY OF TRUST: REMOVAL AND REVOCATION OF CERTIFICATE OF AUTHORITY.","body":"(a) After notice and hearing, the commissioner shall order the removal of an officer or director of a county mutual insurance company holding a certificate of authority if the officer or director is found unworthy of the trust or confidence of the public.\n(b) If a county mutual insurance company does not remove an officer or director as required by an order issued under Subsection (a), the commissioner shall:\n(1) revoke the company's certificate of authority; and\n(2) treat the company as insolvent.\nAdded by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.","path":["INSURANCE CODE","TITLE 6. ORGANIZATION OF INSURERS AND RELATED ENTITIES","SUBTITLE F. FARM AND COUNTY MUTUAL INSURANCE COMPANIES","CHAPTER 912. COUNTY MUTUAL INSURANCE COMPANIES","SUBCHAPTER P. DISCIPLINARY ACTION AND PROCEDURES IN GENERAL"],"source_url":"https://statutes.capitol.texas.gov/Docs/IN/htm/IN.912.htm#912.751","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:21Z","sha256":"bfc0f051c5b07368ed457c832855cea944c494fc83e712387a2319c61aa113b6","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-insurance-code-912.701","next":"us-tx/tex.-insurance-code-912.752"},"notice":"GroundRules: Original legal text. Not legal advice."}