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Texas Statutes (Last Updated: January 4, 2014) |
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INSURANCE CODE |
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Title 11. TITLE INSURANCE |
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Subtitle D. TITLE INSURANCE PROFESSIONALS |
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Chapter 2652. ESCROW OFFICERS |
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Subchapter E. LICENSE DENIAL AND DISCIPLINARY ACTION |
Sec. 2652.2015. PROHIBITED GROUNDS FOR DELAY OR DENIAL
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(a) Except as provided by Subsection (b) or (c), the department may not delay or deny a license application or a license renewal based wholly or partly on a department audit or complaint investigation of, or disciplinary or enforcement action against, a license holder or applicant that is pending and has not been finally closed or resolved by a final order issued by the commissioner on or before the date on which the initial or renewal application is complete.
(b) The department may delay a license application or license renewal if:
(1) the applicant or license holder is the subject of a criminal investigation or prosecution; or
(2) the deputy commissioner of the title division of the department makes a good faith determination that there is a credible suspicion that there are ongoing or continuing acts of fraud by the applicant or license holder.
(c) The department may deny a license application or license renewal if the department determines that the applicant or license holder intentionally made a material misstatement in the license application or license renewal or the applicant or license holder attempted to obtain the license or renewal by fraud or misrepresentation.