Sec. 4005.052. CERTAIN CONDUCT PROHIBITED AFTER REVOCATION OF LICENSE. A person whose insurance license has been revoked in this state or any other state may not:
(1) solicit or otherwise engage in business under Chapter 885 unless the department determines it to be in the public interest, for good cause shown, to permit the person to act in that capacity; or
(2) act as an officer, director, member, manager, or partner, or as a shareholder with a controlling interest, of an entity holding a license issued under this title unless the department determines it to be in the public interest, for good cause shown, to permit the person to act in that capacity.
Added by Acts 2003, 78th Leg., ch. 1274, Sec. 7, eff. April 1, 2005.
Structure Texas Statutes
Title 13 - Regulation of Professionals
Subtitle A - General Provisions
Chapter 4005 - Conduct, Disciplinary Actions, and Sanctions
Subchapter B. Prohibited Conduct
Section 4005.051. Applicability of Subchapter
Section 4005.052. Certain Conduct Prohibited After Revocation of License
Section 4005.053. Certain Payments Prohibited to or From Person Not Holding License
Section 4005.054. Receiving Additional Fee Prohibited
Section 4005.055. Certain Coverage for Loss by Fire Prohibited