Texas § 4102.201 DENIAL, SUSPENSION, OR REVOCATION OF LICENSE.

Texas Statutes

§ 4102.201 — DENIAL, SUSPENSION, OR REVOCATION OF LICENSE.

Texas § 4102.201

Code INInsurance Code

This text of Texas § 4102.201 (DENIAL, SUSPENSION, OR REVOCATION OF LICENSE.) is published on Counsel Stack Legal Research, covering Texas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Tex. Insurance Code Code Ann. § 4102.201 (2026).

Text

Sec. 4102.201. DENIAL, SUSPENSION, OR REVOCATION OF LICENSE.

(a)The commissioner may deny an application for a license under this chapter or suspend or revoke a license issued under this chapter on the basis of:

(1)a violation of this chapter or of any rule adopted by the commissioner under this chapter;

(2)a cause that constitutes grounds for denial of an original license;

(3)misrepresentation or fraud in obtaining a license;

(4)failure to pass a required license examination;

(5)the misappropriation or conversion of money required to be held in a fiduciary capacity;

(6)material misrepresentation, with intent to deceive, of the terms of an insurance contract;

(7)engaging in a fraudulent transaction;

(8)demonstrated incompetence or untrustworthiness in the conduct of the license ho

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Sec. 4102.201. DENIAL, SUSPENSION, OR REVOCATION OF LICENSE. (a) The commissioner may deny an application for a license under this chapter or suspend or revoke a license issued under this chapter on the basis of:
(1) a violation of this chapter or of any rule adopted by the commissioner under this chapter;
(2) a cause that constitutes grounds for denial of an original license;
(3) misrepresentation or fraud in obtaining a license;
(4) failure to pass a required license examination;
(5) the misappropriation or conversion of money required to be held in a fiduciary capacity;
(6) material misrepresentation, with intent to deceive, of the terms of an insurance contract;
(7) engaging in a fraudulent transaction;
(8) demonstrated incompetence or untrustworthiness in the conduct of the license holder's affairs under the license, as determined by the commissioner;
(9) conviction of a felony by a final judgment in a court of competent jurisdiction; or
(10) material misrepresentation, with intent to deceive, of the person's status as a public insurance adjuster.
(b) If the department proposes to refuse to issue an original license under this chapter or to suspend, revoke, or refuse to renew a license under this chapter, the person affected is entitled to notice and hearing as provided by Section 4005.104 .
(c) A final order entered as a result of a hearing under this section may be appealed to a court of competent jurisdiction as provided by Subchapter D , Chapter 36 .
(d) An order suspending a license issued under this chapter must specify the period of the suspension not to exceed 12 months.
(e) The holder of a license that is revoked or suspended for cause shall surrender the license to the commissioner on demand.
(f) The commissioner may issue a license or reinstate a suspended or revoked license on a finding that the cause for suspension, revocation, or refusal no longer exists.