An applicant was convicted of felony embezzlement 11 years ago and has a clean record since. Assuming no pardon or other applicable relief, does the age of the embezzlement conviction remove the licensing bar?
Correct Answer
C) Barred: a fraud or dishonesty felony bars an applicant at any time
A felony in the seven years before application bars issuance, and a felony involving fraud, dishonesty, breach of trust or money laundering bars it at any time preceding the application, so embezzlement 11 years ago is still disqualifying. Other choices: the 7-year window is the general rule and this conviction falls in the permanent category; 10 years of clean conduct does not lift the permanent bar; and an ordinary felony outside 7 years does not bar an applicant. Source: Tex. Fin. Code sec. 180.055(a)(2)
Why This Is the Correct Answer
A felony in the seven years before application bars issuance, and a felony involving fraud, dishonesty, breach of trust or money laundering bars it at any time preceding the application, so embezzlement 11 years ago is still disqualifying. Other choices: the 7-year window is the general rule and this conviction falls in the permanent category; 10 years of clean conduct does not lift the permanent bar; and an ordinary felony outside 7 years does not bar an applicant. Source: Tex. Fin. Code sec. 180.055(a)(2)
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