Sec. 4153.151.  GROUNDS FOR DISCIPLINARY ACTION.  The department may discipline a license holder or deny an applicant a license under Subchapter C, Chapter 4005:
(1)  for any cause for which, if known by the department, issuance of the license could have been refused;  or
(2)  if the license holder or applicant:
(A)  wilfully or knowingly violates this chapter, an insurance law of this state, or a department rule;
(B)  obtains or attempts to obtain a license through wilful misrepresentation or fraud;
(C)  fails the examination required by this chapter;  or
(D)  is convicted on final judgment of a felony.
Added by Acts 2003, 78th Leg., ch. 1274, Sec. 7, eff. April 1, 2005.