Texas Statutes and Rules Common to Life and Health Insurance
Which conduct is a clear statutory ground for revoking a Texas agent's licence?
Answer and explanation
Answer: B. Misappropriation or conversion of premium or other funds held in a fiduciary capacity is an express ground for licence denial, suspension, or revocation.Source: Texas Insurance Code — Tex. Ins. Code ch. 4005, grounds for disciplinary action
More texas statutes and rules common to life and health insurance questions
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