(a) After the expiration of 10 years from the date of issuance, a person who is subject to a prohibition order issued under § 154.415, regardless of the order’s stated duration or date of issuance, may apply to the commissioner to be released from the order.
(b) The application must be made under oath and in the form required by the commissioner. The application must be accompanied by any required fees.

Terms Used In Texas Finance Code 154.416

  • Person: includes corporation, organization, government or governmental subdivision or agency, business trust, estate, trust, partnership, association, and any other legal entity. See Texas Government Code 311.005

(c) The commissioner, in the exercise of discretion, may approve or deny an application filed under this section.
(d) The commissioner’s decision under Subsection (c) is final and not appealable.