Sec. 801.102. DENIAL OF APPLICATION OR REVOCATION OF CERTIFICATE

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(a) If after conducting an inquiry under Section 801.101 the department determines that the person who is the subject of the inquiry is not worthy of the public confidence, the department shall:
(1) deny the application for a certificate of authority; or
(2) revoke the insurer's certificate of authority.
(b) On the applicant's request, the commissioner shall hold a hearing on a denial or revocation. Not later than the 30th day after the date of the applicant's request for a hearing, the commissioner shall request a hearing date.

Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003. Amended by: Acts 2009, 81st Leg., R.S., Ch. 1022 , Sec. 3, eff. June 19, 2009.

                    
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