Good cause as stated in §75.31 of this title (relating to Revocation of Certificate of Authority) shall include, but not be limited to, the following: (1) a violation of a provision of Texas Transportation Code, Chapter 722; (2) a finding that it is not operating an automobile club as defined in the Automobile Club Services Act; (3) a finding that it is insolvent; (4) a finding that its assets are less than its liabilities; (5) a finding that it refuses to submit to an examination by the secretary of state; (6) a finding that it is transacting business fraudulently; or (7) a finding that any owner, officer, or operating manager is not of good moral character.
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