Sec. 801.153. PETITION FOR ISSUANCE OR REINSTATEMENT OF CERTIFICATE. A company may petition the commissioner for issuance or reinstatement of a certificate of authority of the company that is denied or revoked under this subchapter:
(1) not earlier than the later of:
(A) the fifth anniversary of the date of the final conviction; or
(B) if the officer or director is sentenced to confinement or imprisonment or placed on community supervision, the fifth anniversary of the date the officer or director completes the sentence or period of community supervision; or
(2) after the officer or director ceases to be an officer or director of the insurer.
Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.
Section: Previous 801.001 801.002 801.051 801.052 801.053 801.054 801.055 801.056 801.057 801.101 801.102 801.151 801.152 801.153 801.154 NextLast modified: September 28, 2016