Texas Insurance Code § 2552.155 Examination Of Loss Covered By Bond

Sec. 2552.155. EXAMINATION OF LOSS COVERED BY BOND. (a) At any time it appears that the terms of a title attorney's bond may have been violated, the department may require the title attorney to appear in Travis County, with records the department determines to be proper, for an examination.

(b) The department shall specify a date for the examination that is not earlier than the 10th day or later than the 15th day after the date of service of notice of the requirement to appear.

(c) If after the examination the department determines that the terms of the bond have been violated, the department shall immediately notify the surety and prepare a written statement of the facts of the loss and deliver the statement to the attorney general.

Added by Acts 2003, 78th Leg., ch. 1274, Sec. 6, eff. April 1, 2005.

Section: Previous  2552.106  2552.107  2552.108  2552.151  2552.152  2552.153  2552.154  2552.155  2552.156  2552.157  2552.158  2552.201  2552.202  2552.203  2552.204  Next

Last modified: September 28, 2016