Texas Insurance Code § 2602.051 Association As Legal Entity; Supervision; Membership

Sec. 2602.051. ASSOCIATION AS LEGAL ENTITY; SUPERVISION; MEMBERSHIP. (a) The Texas Title Insurance Guaranty Association is a nonprofit legal entity.

(b) The association is subject to the applicable insurance laws of this state and the immediate supervision of the commissioner.

(c) A title insurance company may not engage in the business of title insurance in this state unless the company is a member of the association.

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

Section: Previous  2602.006  2602.007  2602.008  2602.009  2602.010  2602.011  2602.012  2602.051  2602.052  2602.053  2602.054  2602.055  2602.057  2602.101  2602.102  Next

Last modified: September 28, 2016